The gig economy has transformed from a temporary trend to a stable, essential part of the American workforce, with many individuals not only engaging in side hustles for supplementary income but also transitioning them into full-time jobs. Remarkably, over one-third of U.S. adults and more than half of millennials and Gen Z are actively participating in side hustles, which serve various financial needs. This shift creates more jobs and shows that side hustles can significantly impact economic dynamics across all demographics, thereby restructuring the typical workplace and income models.
The side hustle economy, once a secondary income option, is now a mainstream fixture in the workforce, with many turning side projects into primary jobs.
Over one-third of US adults and over half of millennials and Gen Z engage in side hustles, leveraging them for various financial goals and necessities.
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