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More Than Half Of Gen Z Has A Side Hustle As 9-To-5 Jobs Lose Popularity
Yahoo Financeยท 2025-09-18 17:31
Group 1 - The side hustle culture is significantly more prevalent among younger generations, with 57% of Gen Z engaging in side hustles compared to only 21% of boomers [1] - More than half of young professionals are opting for side hustles and investments over traditional W-2 jobs, viewing them as essential for financial success [1] - Career minimalism is influencing Gen Z's approach to income, treating day jobs as a foundation to support their side hustles rather than a long-term career commitment [2] Group 2 - Side hustles are increasingly seen as viable full-time career opportunities rather than just supplementary income sources [3] - Gen Z values flexibility in their careers, which side hustles provide, allowing them to prioritize experiences like travel and family time [3] - The traditional career ladder is being abandoned by Gen Z, who prefer the autonomy and project-based earnings that side hustles offer [5] Group 3 - Side hustles empower Gen Z by giving them more control over their income and reducing vulnerability to layoffs, as they can maintain multiple income streams [7] - The corporate ladder often lacks flexibility, making it difficult for individuals to advance based on merit rather than connections [6]