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40% of Americans have side gigs
Side gigs have become a necessity for many of us, even the high earners. Younger workers are more likely to have one than older workers.
The average side hustle pays $810 a month but 28% of them only make $1 to $50 monthly.
42% of low income people earning less than $50,000 in their household said they needed a side gig to pay for daily expenses.
40% of adults in America have a side job.
Side gigs are up 13% over the past two years.
About a third of people said they need a side gig to afford regular living expenses versus 27% that said it helps with discretionary spending. 25% are using the money for savings. 12% are using it to pay off debt.
53% of Gen Zers have a side gig.
50% of millennials have a side gig.
40% if Gen Xs have a side gig.
24% of baby boomers have a side gig
Works Cited:
https://finance.yahoo.com/news/america-failed-millennials-badly-turning-181417881.html
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