December 8, 2022

ASA Workforce Monitor: 58% of Workers Consider a Side Hustle to Supplement Income

As reports of large tech layoffs and skyrocketing mortgage rates continue to dominate news headlines, more and more U.S. workers are preparing for future economic uncertainty.

According to a recent American Staffing Association Workforce Monitor® online survey conducted by The Harris Poll, 58% of adults are likely to get a second job or “side hustle” in the next year to supplement their primary income. While the likelihood of taking on an additional role decreases with age, with 72% of Gen Z (18-25) and 67% of Millennials (26-41) considering a side hustle compared to just 30% of Baby Boomers (58-76), a majority of the workforce may be boosting their resources as inflation continues.

“As employers focus on reducing expenses and belt tightening, workers are considering turning to second jobs or extra shifts to make ends meet,” said Richard Wahlquist, president and chief executive officer at ASA.

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Upcoming Events

Free ASA Webinar Today—Tax and Accounting Considerations

Don’t miss today’s ASA webinar “Critical Year-End 2022 Tax and Accounting Considerations for Staffing Companies, 2–3 p.m. Eastern time. Find out about 2022 tax planning opportunities to minimize costs, stay compliant, avoid common accounting errors, and more.

All ASA webinars are free for ASA members, and most qualify for continuing education hours toward ASA certification renewal. To learn more and to register, visit americanstaffing.net.

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Be an Industry Thought Leader—ASA Now Accepting Proposals

Can you offer solutions for the challenges that staffing firms face today? ASA is looking for experts in the staffing, recruiting, and workforce solutions industry to share their experience and expertise with the ASA community.

Opportunities are available for Staffing World, the ASA annual convention and expo, and for ASA Webinars in 2023. Staffing World 2023 takes place Oct. 3–5 at the Charlotte Convention Center in Charlotte, NC.

Industry experts, and business professionals in other disciplines pertinent to the staffing industry, should submit proposals for

  • Staffing World Breakout Sessions: Concurrent, interactive sessions between 45 and 75 minutes long
  • Staffing World Knowledge Hub Tech Talks: 10-minute talks on technology topics important to the industry
  • Staffing World Knowledge Hub Speed Talks: 10-minute talks on general topics important to the industry
  • ASA Webinars: Produced Tuesdays and Thursdays beginning at 2 p.m. Eastern time. ASA also offers micro learning opportunities that can be scheduled at different times and shorter intervals.

For more information and to start your Staffing World submission, visit americanstaffing.net/presenters. To start your ASA Webinar submission, visit ASA Central. The deadline for ASA webinar and Staffing World Breakout Session proposals is Jan. 31, 2023, and the deadline for Staffing World Knowledge Hub talks is May 31.

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The Latest From Your Colleagues on ASA Central

ASA Central—the dynamic online community just for staffing professionals—is home to more than 27,000 staffing professional profiles and countless ongoing industry conversations.

This week, take a look at your colleagues’ discussions and some of the blogs they’ve posted on ASA Central:

Get involved with the community—update your profile today so you can network with colleagues, join a section community, recommend and comment on your colleagues’ posts, and share your own blog or discussion post. Log in to ASA Central now.

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ASA Corporate Partners

Staffing Today is published by the American Staffing Association, with news abstracts copyrighted in 2023 by SmithBucklin of Chicago, IL, and all other content copyrighted in 2023 by ASA. No part of this publication may be reproduced without permission.

About ASA

The American Staffing Association is the voice of the U.S. staffing, recruiting, and workforce solutions industry. Learn more at americanstaffing.net.

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