In 2023, one in three Americans are engaging in side hustles, significantly among Black women, primarily as a response to rising living costs and inflation. While these hustles provide necessary income, they also illustrate the ongoing struggle for pay equity, where Black women earn only $0.61 for every dollar earned by men. This wage gap is exacerbated by the quality of job options available to them. The surge in side hustles reflects both opportunity and challenge, as these ventures can disrupt work-life balance and raise questions about their role in achieving fair pay and entrepreneurship.
In 2023, one in three Americans had a side hustle, often driven by the rising cost of living and inflation-related challenges.
Black women have become a leading force in the side hustle trend, largely due to persistent pay disparities and rising entrepreneurship.
While side hustles provide crucial additional income, they can also create a conflict between work-life balance and entrepreneurial aspirations for people of color.
The fight for pay equity for Black women is daunting, with estimates suggesting they won’t achieve equal pay until the year 2227.
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