Not so long ago, a 9am to 5pm job was enough to pay the bills and put food on the table.
But runaway inflation put an end to the eight-hour day. According to a survey by Insuranks, an insurance marketplace for small businesses, 93% of adults have a side job or a second job.
Nearly 80% of respondents work full-time, but both full-time and part-time respondents said they spend an average of 13 hours a week on their side business.
Welcome to the United States of exhaustion.
As FoxBusiness reported, many survey respondents who said they took on extra work said they did so because of economic conditions and rising prices. Almost half (44%) said they had taken a hustle to make ends meet, while 28% said it was to cover rising costs due to inflation. About half of Americans (51%) also said they were considering taking up an additional side hustle because of inflation.
Some of the lucrative businesses include selling items on sites like eBay, Craigslist, and Facebook Marketplace, self-employment, and selling second-hand clothes.
They also hit the road by becoming drivers for ride-sharing companies like Uber and Lyft.
Uber CEO Dara Khosrowshahi pointed to the rising cost of living as one of the reasons more people are choosing to drive for Uber: “72% of drivers in the United States say the one of the considerations for them signing up to drive on Uber was actually inflation.” he told CNBC’s TechCheck earlier this fall.
As NBC News reported, Khosrowshahi said Uber now has more money-making drivers and couriers than before the pandemic. New driver registrations increased 76% year over year.
Those who do not take the wheel accumulate overtime thanks to several part-time jobs.
Others find the solution to rising costs exceeding their income by selling blood plasma. Reports from states such as South Carolina, Kentucky, Florida and Texas reveal that paid donations are rising in response to inflation.
This shouldn’t happen in America.
It’s one thing to do odd jobs to earn extra disposable income, it’s another to work two or three jobs just to cover a rent increase, or to sell your clothes or your blood to pay for the money. grocery.
With the midterm elections in the background, the winners need to remember: they are your voters. Troubled Americans may or may not have been a campaign talking point, but it’s your mandate to find solutions to the problem.
With so much interest in winning seats in Congress, ordinary citizens got lost in the reshuffle.
Before the winners start plotting their plans with an eye to 2024 and the roles they could play in the presidential election, lawmakers on all sides need to focus on the here and now and how people live. non-elite.
It doesn’t matter whether your next address is in Washington or a rectory in Massachusetts, the goal of victorious candidates should be to right the ship and ensure that their constituents can support themselves and their families, without spending through endless weeks of work or exploiting a vein.
Winning is just the first step.
#Editorial #election #focus #inflation