(News Nation) – According to the Bureau of Labor Statistics (BLS), at least 5% of the American workforce has a second job.
With a release earlier this month, BLS reported The record high for around 8.9 million Americans said they have multiple jobs. This is the highest rate since the Great Recession in April 2009.
march Report The Federal Bank of St. Louis revealed that 50.2% of multiple employers in 2024 had university degrees, an increase of 9.1% since 2019.
“If you have a similarity between traditional lifestyles with children and home and transportation, [it] “We've been working hard to get into the world,” said Carolyn McClanahan, a certified financial planner. CNBC.
“If employers see a soft demand for workforce and reduced time, that's another reason why people are taking extra jobs to fill a week and fill their bank accounts,” Julia Pollak, chief economist at Ziprecruiter, told the outlet.
The data reported a second job, less than a year after a July 2024 Bankrate Survey showed that the percentage of people with side jobs had declined since 2023, 36% of adults reported second jobs compared to 39% the previous year.
However, research shows that even if inflation appears calm, 32% of people with a second gig think that extra work should always achieve their goals.
The hill contributed the report.
