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America has failed millennials so badly they’re turning to $1,000-per-month side hustles to make ends meet.
Yahoo finance ^ | Tue, June 13, 2023 | Chloe Berger

Posted on 06/13/2023 8:27:45 PM PDT by anthropocene_x

As many as two in five adults in the U.S. have a side hustle, according to a recent Bankrate survey of 2,500-plus adults, backing up LendingTree data from earlier this year that found side gigs are up by 13% over the past two years and recent Deloitte data that found more millennials and Gen Zers are adding on part-time jobs. Younger workers are more likely to need an extra job: 53% of Gen Zers and half of millennials have one, Bankrate finds, compared to only 40% of Gen Xers and 24% of baby boomers.

It's a reflection of the state of the economy, which has left many Americans—even those earning six figures—feeling like they're living paycheck to paycheck. At the end of the day, side hustles have become a necessity for many who are struggling to compete with the pace of inflation and trying to save amid recession fears. It makes sense that younger workers are more likely to have one, considering that the cost of living has been their top concern and stressor for the past two years. Millennials in particular have been struggling to keep their heads above water for years after hopping around a rocky post–Great Recession job market, dealing with inordinate student debt, and shopping around a difficult housing market—all of which has made it harder for them to become financially independent.

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Business/Economy
KEYWORDS: biden; california; economy; gigeconomy; jobs; livingwithparents; millennials; taxevasion
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To: anthropocene_x

Gotta pay for those illegals, Biden bribes, Ukraine, and half the population on welfare. Get back to work chumps.


41 posted on 06/14/2023 9:18:39 AM PDT by Organic Panic (Democrats. Memories as short as Joe Biden's eyes)
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To: Drew68

It cost me $80 to be born.

I was born in 1970 and have the receipt from the hospital for my birth - it was more than $80. (Less than $200, though).


42 posted on 06/14/2023 10:34:10 AM PDT by ro_dreaming (Who knew "Idiocracy", "1984", "Enemy of the State", and "Person of Interest" would be non-fiction?)
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