Record Number of Americans Have Two Jobs

In a world of high prices and increased worries about a recession, the stat might not be a huge surprise: A record number of Americans are now working at least two jobs, according to the official government count. Details:

• Record high: The Bureau of Labor Statistics said 8.9 million Americans reported working multiple jobs in February, reports the Hill. That total is an all-time high, and the rate of 5.4% matches the record high set in April 2009 during the Great Recession.

• Another shift: Roughly 50.2% of people with multiple jobs have a college degree, a percentage that has been climbing steadily from the 45.1% logged in 2019, reports CNBC. The outlet cites stats from the Federal Reserve Bank of St. Louis.
• Age, money: The same research from of the St. Louis bank found that the average income of those with multiple jobs was $57,865, just a smidge over the average of $56,965 for those with one job. The average age of a person with at least two jobs was 42.5
• Even higher? The new figures are the official stats from the BLS, but Entrepreneur notes that other sources put the percentage of US adults with "side hustles" significantly higher: Bankrate has 32% and Side Hustle Nation has 39%. It may be that "side hustles" are sometimes hobbies that result in extra cash rather than a bona fide second job.

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