The article discusses the phenomenon of side hustles among young people, particularly in Australia, where a new report analyzes the implications of these entrepreneurial activities. Despite being presented as a way to achieve financial freedom and combat youth unemployment, the study reveals a lack of understanding of who engages in side hustles and their true impact on working life. The research surveyed 1,497 individuals aged 18 to 34, questioning the effectiveness of side hustles as a solution for economic challenges youth face today.
Listening to some influencers on social media could certainly have you thinking that side hustles are the key to achieving your desired life.
Our findings raise questions about the merits of entrepreneurship as a solution to youth unemployment or a pathway to financial freedom.
Our new report, Side Hustles: How Young People Are Redefining Work, presents findings from an ongoing three-year study into the impact of side hustles.
A young person in our study must be employed and also undertaking some form of entrepreneurship to be included in our project.
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