The Conservative Cave
Current Events => Economics => Topic started by: Ptarmigan on March 30, 2023, 08:55:51 PM
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Report: 44% of Americans Work a Second Job, 13% Increase Under Biden
https://www.breitbart.com/politics/2023/03/29/report-44-americans-work-second-job-13-increase-under-biden/
Forty-four percent of Americans work a second job, a 13 percent increase relative to the Trump administration, a LendingClub report revealed Tuesday.
The recent increase under President Joe Biden is highlighted by a survey from FlexJobs, which found 69 percent of employed professionals either have a side job or want one.
The desire to work longer hours at a second job comes as Biden’s 40-year-high inflation cost American households an extra $5,200 in 2022 or $433 per month on average, according to Bloomberg.
While many Americans are forced to expand their income by working more hours at a second job, Biden is expanding taxes on the so-called gig economy.
As Breitbart News noted in November, the IRS warned workers that they will be forced to report income over $600 to the IRS on a form called the 1099-K. The warning was a result of Biden’s American Rescue Plan Act of 2021.
Very startling. More people taking second jobs makes the economy look like it is doing well. In reality, it is not.