(Patriot.buzz) – In a revealing report, the Bureau of Labor Statistics has announced that approximately 8.9 million Americans are juggling multiple jobs, a record-high since the Great Recession.
See the tweet below!
This troubling trend reflects the intense economic pressure many Americans face, driven by stagnant wages and rising costs.
The stark reality sets in: nearly 9 million Americans are holding multiple jobs, a rate unseen since the dark days of the Great Recession.
Reports reveal that 5.4% of the workforce is now compelled to take on additional employment as inflation erodes purchasing power.
Economic challenges have left millions no choice but to supplement their incomes simply to survive.
The struggle is real for many displaced by policies that have disproportionately hurt middle America, reports The Economic Times.
The trend of holding multiple jobs is partially driven by the “side hustle” culture.
Flexible jobs and remote work have made it easier for individuals to pursue additional income opportunities like consulting or speaking engagements.
Yet, this flexibility is often born of necessity, with many finding that income from a single job no longer suffices.
In fact, Carolyn McClanahan, founder of Life Planning Partners, highlighted the dire economic pressures: “People have to work harder to make ends meet”.
The average income for those with multiple jobs is slightly higher at $57,865 compared to $56,965 for those with just one job, but is it worth the stress?
Wages have not kept pace with the relentless rise in inflation, forcing many to take drastic measures merely to manage day-to-day living expenses.
On top of this, slow federal employment growth highlights how government policies haven’t sufficiently supported American workers.
Despite Federal Reserve Chair Jerome Powell’s optimism, the reality of juggling several jobs is raising red flags about potential labor market instability.
These measures merely provide a temporary bandage over deep-seated economic wounds.
Any further economic instability will most likely see this trend continue to rise, leaving many Americans wondering what happened to their American Dream.
This surge in multiple jobholders should be a wake-up call for lawmakers and a reflection on policies that have left many Americans behind.
The pursuit of traditional American values like family, homeownership, and stability is becoming increasingly difficult, and without urgent corrective measures, it might soon drift out of reach.
The number of Americans working more than one job has never been higher:
Multiple job holders hit a record 8.86 million in February.
As a share of employment, multiple jobholders rose to 5.4%, the highest in 16 years.
Concerningly, Americans holding a primary full-time and a… pic.twitter.com/ulu5jGBCBw
— The Kobeissi Letter (@KobeissiLetter) March 15, 2025
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