As Pandemic Alters American Job Market, More Young People Take on The Side Hustle Economy

KQED's Forum

KQED

Politics, News, News Commentary

4.6 • 656 Ratings

🗓️ 5 May 2021

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

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Summary

When the COVID-19 pandemic came into full force in 2020, the American job market was hit hard. With many losing their existing jobs, and young Millennials and Gen Z entering a shaky job market, working multiple jobs became a financial necessity. Census data shows that the number of Americans juggling multiple jobs is steadily rising. E-commerce websites like Etsy had a 42 percent growth in new sellers compared to previous years. We discuss the increase of side gigs and how some young people have had to jungle their full time jobs with side hustles, monetizing creative hobbies like cooking and jewelry making to earn extra income. Have you had to come up with a pandemic side hustle? Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Support for Forum comes from Rancho La Puerta, a wellness resort in Baja, California, just an hour from San Diego.
0:07.6	Three, four, and seven-night summer packages include fitness classes, hiking, live music, mindfulness, and culinary adventures, featuring fruits and veggies straight off the vine.
0:18.9	Special rates and offers are available for summer stays and first-time guests.
0:23.8	Saver summer at Rancho LaPuerta, rancho LaPuerta.com.
0:28.3	Support for Forum comes from Broadway SF, presenting Parade, the musical revival based on a true story.
0:35.7	From three-time Tony-winning composer Jason Robert Brown comes the story of
0:40.0	Leo and Lucille Frank, a newlywed Jewish couple struggling to make a life in Georgia. When Leo is
0:46.9	accused of an unspeakable crime, it propels them into an unimaginable test of faith, humanity, justice,
0:57.6	and devotion. The riveting and gloriously hopeful parade plays the Orpheum Theater for three weeks only, May 20th through June 8th. Tickets on
1:04.7	sale now at Broadway, sF.com.
1:09.3	From KQED. Welcome back to forum. Freelancing or having a side hustle is nothing new, but during
1:17.5	the course of this pandemic, the worlds of freelancing and side gigs have had more newcomers.
1:23.0	E-commerce websites like Etsy had a 42% spike in new sellers compared to previous years, for example.
1:29.0	The increase in those working multiple jobs out of financial necessity and not just out of
1:33.1	passion or for bonus cash like side hustles are more often thought of was particularly
1:37.4	noteworthy among young millennials in Gen Z entering a shaky job market.
1:41.7	And we want to hear from you. Tell us, are you new to the job market?
1:44.4	Did you turn a hobby into a side hustle during the pandemic to help with finances? How has it been for you?
1:49.6	Fun or stressful? Is it something you see yourself continuing even when economic times are better?
1:54.9	Give us a call at 866-733-6786. That's 866-736. You can also get in touch on Twitter and Facebook. We're at KQED
2:04.8	forum or email your questions to forum at kQED.org. Here with me to talk about the increase in
2:10.8	side gigs and how some are monetizing their creative hobbies like cooking and jewelry making to
	...

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