How Side Hustles Are Redefining Careers and Shaping the Future of Work
In 2024, 36% of American adults earned money from a side hustle, with an average of $891 a month in earnings, a 10% increase from 2023 to 2024.
But side hustles are more than just a way to pocket some extra cash — they are an onramp to the increasingly independent workforce and freelance career path. Recent data from MBO Partners shows that 27.7 million individuals in the U.S. are full-time independent workers, a number that has doubled since 2020.
This steady growth highlights a lasting shift, persisting despite widespread layoffs, a remote work reckoning, and an uncertain global economy.
Like this kind of story? You'll love our newsletter. Subscribe to the Entrepreneur Daily newsletter.
Watch the Moment That Broke This Entrepreneur's Brain
On this episode of 'Entrepreneur Elevator Pitch,' an investor makes an offer that leaves a contestant speechless.
For Entrepreneur+ subscribers:
11 Side Hustles That Take Less Than An Hour Per Day
Around the Internet
Here's what else we're reading this week:
The holiday season is a boon for porch pirates: here's how to combat them (Fox Business)
US labor market steadily cooling amid higher job openings, low layoffs (MarketWatch)
A Walmart employee was called into work on her day off. She left a millionaire. (USA Today)
More from Entrepreneur
Free Webinar: Build a Business That Will Sell
Join moderator and communication AI strategist Dr. Jill Schiefelbein in a conversation with seasoned business broker and serial entrepreneur Ben Shaw on what buyers look for and how to maximize your business's value. From streamlining operations to building recurring revenue streams, this session will dive deep into strategies that make your business stand out in the market. Whether you're planning to sell or future-proof your business, this webinar is packed with actionable advice to help you succeed.
📆 January 21, 2025 | ⏰ Noon EST | 👉Register Now
Free Guides and Reports from Entrepreneur's Experts
Sponsored Content
When flying is necessary, reduce your emissions.
Neste Impact helps businesses book sustainable aviation fuel (SAF) and credibly claim their emission reductions.