Workers turn to ‘polyworking’ to combat inflation
By CATHY BUSSEWITZ, Associated Press
NEW YORK (AP) — With frozen salaries, rising inflation, and concerns about potential layoffs, many workers are exploring alternative sources of income. Some are taking on side jobs to supplement their earnings and establish a safety net in case of job loss, while others are embracing “polyworking” by juggling multiple gigs simultaneously.
One example is Katelyn Cusick, 29, who works as a visual merchandiser for Patagonia and manages social media influencers for a German shoe brand in her spare time. She also runs an Etsy shop selling paintings and ushers at concerts in the San Francisco Bay Area. The additional income helps her manage student loans and cope with the high cost of living.
Amidst workplace instability and economic uncertainty, some individuals are turning to gig work on platforms like Uber and Grubhub to diversify their income streams and build a financial cushion. This trend towards “portfolio careers” allows individuals to develop a range of skills and pursue multiple interests simultaneously.
When pursuing a side business, it’s essential to follow a passion and be realistic about the financial investment required. While gig work can provide immediate income, there are risks involved, such as difficulty transitioning back to full-time employment and fluctuating earnings on platform-based jobs.
It’s crucial to approach online opportunities with skepticism and be wary of potential scams promising quick wealth. Balancing a second job with personal time can be challenging, but many find fulfillment in pursuing their passions and building a diverse set of revenue streams.
For those interested in workplace wellness and exploring alternative career paths, sharing stories and questions at cbussewitz@ap.org and following AP’s Be Well coverage on wellness, fitness, diet, and mental health at https://apnews.com/hub/be-well is encouraged.
