Blog

How many Americans work multiple jobs to make ends meet?

How many Americans work multiple jobs to make ends meet?

Nearly 8 percent of workers had two or more jobs in 2018, the latest year of data available from the U.S. Census Bureau. The data also show that holding two or more jobs becomes more common during economic expansions, when jobs are plentiful, and falls during recessions, when the opportunities dry up.

Does the average American have two jobs?

An estimated 7.8\% of U.S. workers had more than one job as of the first quarter of 2018, up from 6.8\% in 1996, according to new data unveiled by the Census bureau, which provides a more detailed analysis of multiple job holders than was previously available.

READ ALSO:   How would a spaceship stop in space?

Is it worth having 2 jobs?

Of course, there are some obvious benefits to having more than one job. The first of these is the fact that a second (or even third) job means a higher income – extra cash that can be used to pay off debts, add to savings accounts or simply pay the bills with.

How many jobs does the average American work?

The Bureau of Labor Statistics (BLS) published a study from 2015 that looked at the number of jobs a person held between the ages of 18 and 50. It turns out that the average person has 12 jobs!

What percentage of Americans have side jobs?

One in three Americans—34 percent—have a side hustle. 61.1 million Americans (24 percent) plan to start a side hustle in 2021. That’s according to a recent Zapier survey of 2,001 Americans over 18 conducted online by The Harris Poll.

How much do side hustles make?

According to our survey, 73\% of side hustlers make less than $200 per month. But nearly one in six people are earning at least $500 from their side hustle.

READ ALSO:   How many foreign born doctors are in the US?

How common are side hustles?

Side Hustling has Become More than Just a Hobby Last year, just over 1 in 4 side hustlers (27\%) were using that income to cover necessary monthly bills and expenses. In 2021, that number has gone up to 41\%. People are more dependent on using a side hustle to make ends meet.

What percentage of Americans work more than one job?

In the first quarter of 2018, 9.1\% of women and 6.6\% of men were working more than one job. For men, the trend of multiple jobholding has been relatively flat over the last 20 years, rising by 0.3 percentage points from 6.3\% to 6.6\%.

Are too many people holding two or three jobs?

Despite the steady positive news in the monthly jobs report, a recent talking point, oft-repeated, is that too many people are holding two or three jobs in order to make ends meet. Rep. Tim Ryan brough t this up during the recent Democratic debate arguing that “the economic system…now force (s) us to have two or three jobs just to get by.”

READ ALSO:   What causes Candida in females?

How much do multiple jobholders make a year?

Multiple jobholders earn less. Individuals with full-quarter jobs who are multiple jobholders earned an average $9,770 from their primary job in the first quarter of 2018 and an average $3,780 from all secondary jobs during that same quarter for a total of $13,550 from all jobs.

How many hours do people actually work per week?

Furthermore, are people actually working “60, 70, 80” hours per week? The BLS defines full-time workers as those working at least 35 hours per week. Those working 60 or more hours are workers with two full time jobs, a full time and part time job, or two part-time jobs that are nearly full-time.