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Side Hustles on the Rise: 20% of Americans Invest in Secondary Income Amid Layoff Fears

2024-12-24
Side Hustles on the Rise: 20% of Americans Invest in Secondary Income Amid Layoff Fears
Fortune

As job security concerns grow due to widespread layoffs, many Americans are turning to side hustles to supplement their income. In fact, 20% of individuals with secondary income streams are now actively investing in them, highlighting the increasing importance of having a financial safety net. With the gig economy on the rise, it's no surprise that side hustles are becoming a popular way to mitigate job loss risks and achieve financial stability. Key trends like remote work and online entrepreneurship are driving this shift, as people seek to future-proof their careers.

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