Side Jobs Rise as More Americans Live Paycheck to Paycheck
Sixty-two percent of Americans are now living like this
It's getting harder to keep up with higher prices. As of February, 62 percent of all U.S. adults were living paycheck to paycheck, up from 60 percent a month earlier, according to a new LendingClub report.
To make ends meet, more people have picked up a side hustle, the report also found.
As pandemic-related benefits are scaled back, "many have turned to supplemental income with a side job or alternative income sources to improve their financial standing," said Anuj Nayar, LendingClub's financial health officer.
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