In a matter of months, the makeup of America’s workforce has been completely overturned. Swift transitions to remote work have resulted in, according to Gallup, 7 in 10 employees working from home today. And even though unemployment in the U.S. fell to 8.4% in August 2020, the number of available jobs still remains far below pre-pandemic levels.
The global pandemic has redefined what it means to have job—and financial—stability. The coronavirus has challenged many businesses and working professionals, forcing them to act fast, mitigate loss, and respond to disruptions during an uncertain time. With people spending more time than ever at home, the side hustle has emerged as an opportunity for people to not only keep themselves occupied in the evenings after their eight-hour days and during their extra free time, but also as a way to take their job and financial security into their own hands.
As we continue to acclimate to life during a pandemic, running a side hustle may crystallize into a facet of the future of work.