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Is the side hustle boom over? Fewer Americans have side gigs for the first time since 2017

UNITED STATES, JUL 22 – The share of Americans with side hustles fell to 27% in early 2025, a nine-point drop from 2024 amid a cooling labor market and rising inflation, Bankrate found.

Summary by CNBC
Americans are relying less on side hustles to cover their living expenses than in previous years, a new report from financial services company Bankrate shows.

4 Articles

Manchester Evening NewsManchester Evening News
Center

My lockdown hobby has become a lucrative side hustle making me thousands - Manchester Evening News

Lee Robinson, 51, has been building model houses since he was furloughed from his job in 2020

·Manchester, United Kingdom
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NewsmaxNewsmax
Right

Survey: Fewer Americans Have Side Gigs For 1st Time Since 2017

The number of Americans with side hustles is shrinking, according to a new survey from Bankrate.The survey found 27% of working Americans have a second stream of income, a decrease of nine points from 2024 and the lowest percentage since 2017.

·Washington, United States
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CNBCCNBC
Center

Is the side hustle boom over? Fewer Americans have side gigs for the first time since 2017

Americans are relying less on side hustles to cover their living expenses than in previous years, a new report from financial services company Bankrate shows.

·United States
Read Full Article
Missouri Business AlertMissouri Business Alert

Side hustle slowdown: Report shows fewer adults have side gigs in 2025

A recent Bankrate survey shows that 27% of American adults had a side hustle in 2025, down from 36% the previous year.

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Missouri Business Alert broke the news in on Tuesday, July 22, 2025.
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