"There's a reason the term "side hustle" resonated in popular culture during the COVID-19 years. Motivated by the rise of remote work in 2020 and a historic inflation spike in 2022, many Americans chose to take on a second - or third, or fourth - source of income. Today, the pandemic has eased, inflation has cooled, and many workers have been called back to the office. But a new survey suggests American workers still have a taste for extra income."
"A large majority of Americans, 72%, rely on at least one source of secondary income, according to a nationally representative survey of 1,000 working adults by MyPerfectResume, the resume-building platform. Here are the most popular side hustles Here are the top five sources of extra income: 14% of workers reported freelance or "gig" work. 14% reported income from investments, such as stock or crypto. 9% reported income from side businesses. 9% reported passive income, such as royalties or rent."
Remote work growth in 2020 and a historic inflation spike in 2022 motivated many Americans to add second or additional income sources. Seventy-two percent of working adults rely on at least one source of secondary income. Fourteen percent report freelance or gig work and 14% report investment income. Nine percent report side-business income and 9% report passive income such as royalties or rent. Four percent hold a second job with a different employer. The share of employees holding multiple positions rose steadily after the pandemic, peaking at 5.7% in November 2025. Average pay rose 18% from 2020 to 2024 while inflation rose 21%, reducing typical purchasing power.
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