The number of Americans working multiple jobs has reached a record high of about 8.9 million, with many people taking on additional work to make ends meet. Anika Seidman-Gati, a therapist in New York City, is among those juggling multiple jobs to cover expenses like rent, credit card debt, and student loan payments. Despite making a good salary at her full-time job, she still finds herself needing the extra income from her side gigs. Economists suggest that the rise in multiple jobholding is not solely driven by financial necessity but also by the flexibility and opportunities offered by the gig economy.
Stephanie Crowe, an office manager in Sacramento, has also turned to real estate as a backup plan for financial security for her family. With both her and her husband working multiple jobs and their eldest child in college, the additional income from their side gigs has been a significant help in covering their expenses. Crowe feels more secure with a backup plan in place, especially after her husband’s health scare.
Both Seidman-Gati and Crowe’s experiences highlight how many Americans are turning to multiple jobs as a way to navigate economic uncertainties and build a more secure financial future. While the rise in multiple jobholding may be influenced by various factors, including the gig economy and economic instability, individuals are finding ways to make ends meet and ensure financial stability for themselves and their families.
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