Over Half of Americans Hustle to Make Ends Meet as Wages Fail to Cover Rising Costs
-
54% of Americans have taken on a side hustle in the past year to supplement their income, as wages haven't kept pace with inflation and cost of living.
-
66% of Americans report living paycheck to paycheck, with 57% adding side gigs to cushion their income.
-
Younger generations like Gen Z and Millennials are more likely to have 2 jobs, given economic vulnerabilities like expensive housing, recessions, and student loans.
-
Even with side hustles, 44% of those working extra jobs still report feeling financially insecure due to high costs.
-
Second jobs help but often don't fully relieve financial stress; the top problems reported include high living costs and insufficient income.