Women are more likely to juggle multiple jobs than men – but everyone is hustling for some extra cash.
Working girls have something on the side.
In fact, while nearly a third of Americans are juggling multiple jobs, women (35%) are more likely to take on a side hustle than men (28%), according to a new report from CareerBuilder.com released on Thursday.
The survey suggests that it’s the way women – and particularly women of color – are trying to bridge the gender pay gap, where women earn just 79 cents for every $1 that a man earns, adding up to $430,000 less than men during their careers. And African Americans (46%) and Hispanics (40%) are also more likely to hold down a side gig than White (29%) workers, as revealed in the Harris Poll of almost 3,700 full-time employees conducted on behalf of CareerBuilder.
“Since the recession hit in 2008, salaries have completely stalled, and as a result, people have had to do what they can to make ends meet,” CareerBuilder.com senior advisor Michael Erwin told Moneyish. “Unfortunately, women are still making less than men – and we are finding more women are getting more resourceful, and are taking on a few of these side hustles, so that they can provide for themselves and for their families.”
Tracy Boyd, a 40-something entrepreneur in California, is the quintessential hustler. She drives for Uber and Lyft, teaches English as a second language online over a webcam, offers academic coaching for middle and high schoolers, and is building her personal consulting business on DreamWithTracy.com.
“I’m working from when I wake up until I go to bed,” she told Moneyish. “When I’m picking up someone at the airport for Lyft or Uber, I’m on my phone answering emails or working on my website in the car while I’m waiting for them.
“I talk to thousands of people – I’ve done almost 5,000 rides on Uber, and over 3,000 on Lyft,” she added. “And when I talk to some of the women I pick up at the airport, we’re all just trying to make ends meet. I would not be driving if I could just focus on my website.”
Some “side projects” are really full-time passions. Being associate director of development for the Dysfunctional Theatre Company doesn’t keep the lights on, so Nicole Aiossa works 40 hours a week as a file manager for a law firm, and also performs as an opera singer.
“I don’t know any performers, at my level, who are supporting themselves solely by their craft. It’s just not a thing you can do in this country,” Aiossa, 39, told Moneyish about her 55-hour weeks. “I know many women who are actors or singers, who also walk dogs, temp and teach private lessons, all on top of rehearsing and auditioning. That’s just the way it is.”
Of course, women have long made money on the side by selling Avon and hosting Tupperware parties. Now they’re signing up for social media side hustles: selling and consulting for Rodan + Fields or BeautyCounter skincare, or hosting LuLaRoe adult leggings pop ups or joining the online retail team, which lets them earn extra income from home.
Women are joining the bustling gig economy of on-demand jobs, which is projected to make up 43% of the workforce with 9.2 million people by 2021. And the side jobs cited in the CareerBuilder report ranged from survey taker, dog walker, chef/baker, babysitter, blogger, bartender and DJ, with some more unique projects including barrel racer, face painter and rapper.
The leisure and hospitality industry – your hotel and restaurant staff, house cleaners, bartenders and concierges – were most likely to have a side hustle, followed by transportation and health care workers, according to the CareerBuilder report.
What’s surprising is that even the people that look like they’ve got plenty of cash in the bank are still grinding to get more. About 1 in 5 people making over $100,000 told CareerBuilder they have a gig outside of their full-time job, and 1 in 4 people making more than $75,000 have a side gig.
“We like to spend money in our economy, and we like to spend money on big bucks items, so no matter where you are in the pay scale, whether you’re making minimum wage or making six figures, we never feel like we have enough money,” said Erwin.
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