Archive · 24 Jun 2025
Side Hustles Surge Amid Economic Concerns
Lots of people are working extra jobs, called "side hustles," because they're worried about money.
They might be scared of losing their main job or not having enough to pay bills.
Younger workers especially are doing this.
Companies are noticing and need to figure out how to help their employees who are working extra hard.
These side hustles help people earn more money, since things are getting more expensive.
Some people think "side hustle" sounds better than "second job," but it also shows that many workers are struggling financially.
Americans are increasingly turning to side hustles due to economic uncertainty.
Nearly four in ten Gen Z and millennial workers hold multiple jobs.
Many workers are worried about their jobs and carrying heavier workloads due to layoffs.
Almost two-thirds of workers plan to get a second job or start a side hustle.
Employers are finding they need to manage workers taking on second jobs.
- Who
- Workers, especially Gen Z and millennials.
- What
- Americans are increasingly taking on side hustles or second jobs.
- When
- Recent trends suggest this is happening now.
- Where
- No specific locations mentioned.
- Why
- Due to economic uncertainty, rising costs, and job market concerns.
- Workers with multiple jobs
- Nearly 40% of Gen Z and millennial workers
- Workers with positive company outlook
- 44% (May survey)
- Workers planning a side hustle
- Nearly two-thirds
- Workers with enough cash for expenses
- 19%
- Workers saying wages haven't kept up
- 95%