Image: Newsweek/Getty
2008 called, and it wants that second job back.
The share of US workers who hold multiple paying gigs rose to between 5.3%-5.6% over the first five months of this year, a range last hit during the Great Recession, according to the Bureau of Labor Statistics.
Data from other sources show an even higher rate of side-hustling:
The type of side-hustle is changing, too. Passion projects in the spirit of Whose Line Is It Anyway? (where everything’s made up and the money doesn’t matter) are falling by the wayside, as more Americans turn to second jobs to make ends meet, according to experts.
Zoom out: The US job market has shown remarkable strength in recent years, with consistently low unemployment. But some economists say data beyond the headline numbers reveal that it’s become “drastically harder to find a job” over the past six months.
🤔 Hint: It’s not a wearable.
💼 The age-old dance between prospective employer and employee is undergoing a refresh.
🚕 Tesla’s long-awaited robotaxi service went live in the Texas state capitol yesterday.
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