Are You Waiting Too Long to Start Your Side Gig? Why 9 Million Americans Aren’t

Side Gig Business Start Up

As of February 2025, a staggering 9 million Americans—5.5% of the employed population—are working multiple jobs, according to the U.S. Bureau of Labor Statistics (BLS). That’s the highest percentage since 2009. It’s a signal that’s hard to ignore. With rising living costs, stagnant wages, and growing concerns over job security, many Americans aren’t just talking about side hustles—they’re taking action. The real question is: What do they know that you don’t?

The Economic Reality Fueling the Shift

For millions, the idea of relying on one paycheck is no longer practical—or safe. Most multiple jobholders today juggle a full-time job with a part-time role to cover monthly bills, offset inflation, and prepare for financial curveballs.

Women are leading the way in this movement, with 5.7% holding multiple jobs compared to 4.7% of men. Whether it’s because of the rising cost of childcare, groceries, housing, or simply the desire to stay ahead financially, women are increasingly taking control of their income streams.

The takeaway? People aren’t waiting for economic conditions to improve. They’re creating their own security nets. They’re starting side gigs.

The Collapse of Employer-Employee Trust

Gone are the days when most Americans believed in long-term job security. According to a study from SideHustles.com, one in five Americans is planning to quit their job in 2025—with Millennials and Gen Z driving the exodus.

Why? Because traditional jobs no longer provide the sense of financial control or upward mobility that previous generations expected. People want freedom. They want options. They want the ability to make money on their terms.

In fact, a recent Forbes report shows that 71% of the workforce is actively searching for side hustles or second jobs—often with another employer, or through self-employment, freelancing, or launching microbusinesses.

Why You Shouldn’t Wait Any Longer

If you’ve been thinking about starting a side hustle but haven’t made a move yet, here’s why now is the time. Side gigs provide more than just extra cash. They offer:

1. Income Diversification

Your 9-to-5 is just one revenue stream. If it disappears, what’s your backup? A side gig adds an extra layer of protection against financial disruption.

2. Skill Development

Side hustles can teach you valuable skills—marketing, sales, financial management—that your full-time job may never touch. These skills can translate into greater career agility.

3. Freedom and Flexibility

Whether it’s freelancing, consulting, or selling products online, side gigs allow you to control your time, your clients, and your workload.

4. Career Pivot Potential

Testing a side business gives you the chance to “try before you leap.” Many full-time entrepreneurs started with a part-time side hustle before making the jump.

5. Confidence and Control

In uncertain times, taking charge of even a small income stream can be incredibly empowering. It builds confidence and restores a sense of control over your financial future.

How to Start Your Side Gig Search

So where do you begin? Here are a few steps to help you identify the right side hustle for your lifestyle and goals:

  1. Evaluate Your Skills and Interests
    Do you have a talent for writing, design, marketing, or organization? Love fixing things or giving advice? These are all monetizable.

  2. Explore Low-Cost Startup Ideas
    Look into freelancing on platforms like Upwork or Fiverr, selling digital products on Etsy, offering local services (pet sitting, tutoring, handyman work), or becoming an affiliate marketer or content creator.

  3. Research Passive Income Streams
    Consider building a blog, YouTube channel, or investing in digital assets that generate recurring revenue. These take time, but they can scale.

  4. Set Realistic Goals
    Start small. Can you make an extra $300/month? Then aim for $500. Let your momentum and confidence build as your side gig grows.

  5. Leverage Communities
    Join Facebook groups, Reddit forums, or LinkedIn communities centered around side hustles and freelancing. You’ll find inspiration, advice, and support from those who’ve already taken the leap.

In today’s economy, waiting for someone else to provide your financial security is a gamble. Millions of Americans are no longer willing to roll the dice. They’re building side gigs not just to survive—but to thrive.

If you’re worried about layoffs, stagnating wages, or just want to finally chase a passion you’ve put on hold for too long… the time to start is now. Even a few hours a week can make a meaningful difference.

The question isn’t “Should I start a side hustle?”—it’s “What am I waiting for?”