Americans are Considering Side Hustle and Covid-19 is the Major Cause

August 24, 2021

Hiring is Changing — Photo by Fox from Pexels

Since its appearance in 2020, the Covid-19 pandemic has contributed to millions of job losses in the United States, and has put thousands of restaurants out of businesses.
However, according to the U.S. Census data, U.S. business formations

surged by more than 42% in 2020. This is because people are still buying necessities such as food and office supplies despite the pandemic restriction. Now the pandemic have taught us that you can keep your day job while starting a side hustle and now is the perfect time to do so.

Launching a side hustle is a smart financial move and Americans are making the most out of it. This is because income diversity helps people get rid of the financial anxiety that the pandemic caused since it first appeared. According to State of Independence Report by MBO Partners, 56% of Americans said they’d be safer working for themselves than a traditional job in 2020, compared to 32% in 2011.

It’s important to mention that worrying about job loss isn’t the only reason why you should start a side hustle. This is because you can have a safe job future but still make extra bucks working on your own side hustle.