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Millennials and Gen Zers Hold Multiple Jobs To Pay The Bills
Working double // Image by Kait Cunniff with DALL-E
Most full-time employed Gen Zers and millennials now take on extra work to pay the bills.
Why It Hurts: Previous generations could reasonably expect to cover their expenses with one full-time job. But mounting inflation, rising living costs, and the price of basic necessities are breaking budgets in ways that modest wage increases can’t keep up with. Because of that, side hustles aren’t just hustles anymore… they’re becoming a necessary means of survival.
Between The Roles: A survey from Goldman Sachs Asset Management and Escalent found that young Americans are overworked.
Insider breaks down the findings.
60% of respondents said they’ve taken on work outside of their full-time jobs out of necessity, while 27% did so in an effort to get ahead financially.
That’s despite feeling stable in their jobs, meaning the extra work isn’t driven by fear of losing their jobs — they simply aren’t making enough money.
Clock Out: While many people hold multiple jobs to build a “portfolio career” or “stability stack,” most aren’t doing so for such a strategic reason. The report concluded that “the traditional full-time job may no longer be carrying the full weight of financial security. For many, supplementing income appears to have become part of the baseline.”
Not having enough money to cover daily needs has had a significant impact on Gen Zers and millennials — 41% of millennials and 35% of Gen Zers haven’t saved for emergencies despite being employed. Meanwhile, 30% of millennials and 34% of Gen Zers have delayed buying a home.
The Future: Soon, it may be normal to double major in college just to build two separate career tracks simultaneously. But where’s the time for all that supposed to come from?
Together with Pendulum
Scientists Crack Gut-GLP-1 Connection
If you’ve ever felt like you just need more willpower to stick to your diet, here’s the truth: cravings aren’t a discipline problem. Believe it or not, cravings start in your gut.
PhD scientists have cracked the gut-GLP-1 connection and turned it into a probiotic called Metabolic Daily. It helps curb cravings and reduce appetite without changing your diet overnight.
Here’s what users say:
91% reported fewer food cravings*
88% saw reduced sugar cravings*
72% felt less fatigue**
With 29,000+ medical professionals recommending Pendulum’s Metabolic Daily to their patients, that’s saying something.
Today’s email was written by David Vendrell.
Edited by Nick Comney. Polled and Copy-edited by Kait Cunniff.
Published by Darline Salazar.