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Polyworking: Gen Z Sparks Multi-Job Revolution

Polyworking: The new Gen Z revolution

In this age of work transformation, the classic 9-to-5 grind is getting a major makeover. It’s not just about one job anymore; it’s all about that hustle. Gen Z is out there crushing it in various fields, while office warriors are taking the hustle game to the next level. Work boundaries? They’re like yesterday’s news.

Living expenses are soaring, and inflation is like that annoying friend who just won’t leave the party. Enter polyworking, the new kid on the block. This fancy term basically means juggling multiple full-time jobs. It’s not just a trendy buzzword; for many, it’s a lifeline to make ends meet.

Give us the numbers, mate!

So, how common is polyworking? Well, the numbers are in, and they’re shaking things up. According to the Bureau of Labor Statistics, a whopping 400,000 Americans are deep into polyworking, which is around 4.9% of the colossal U.S. workforce of 164 million. But wait, there’s more! Gen Z is leading the charge with nearly half of this crew doing the multi-job hustle. A Paychex survey found that a staggering 47% of Gen Zers have not one, not two, but three or more jobs! That’s a jaw-dropping 93% of Gen Z, folks.

And it’s not just the Gen Z game; everyone’s getting in on the action. Owl Labs’ State of Hybrid Work report spills the tea, revealing that a whopping 46% of employees are diving into side hustles. Plus, another 20% are itching to join the polyworking club. Don’t think it’s just remote peeps working the hustle – the study shows that traditional office-based workers are twice as likely to have a side gig compared to their hybrid and remote buddies. The work world is expanding, my friends, and polyworking is proof of that epic shift.

So, whats the deal?

Why the sudden polyworking frenzy? Well, there are some epic perks. It’s like a choose-your-own-adventure for work, offering sweet flexibility, extra cash, and the freedom to explore new roles and industries. According to Paychex, 59% of polyworkers love the flexibility, 50% dig the extra dough and freedom, 37% are living for the energy boost, and 24% see it as a rad creative outlet.

But let’s be real; the biggest driver behind this trend is the cost of living. Inflation has thrown a curveball into the mix. The consumer price index, which measures U.S. inflation, went from 1.4% in 2020 to a whopping 7.0% in 2021. It dipped slightly to 6.5% in 2022, but it’s still way higher than the last two decades when it hung out below 3%. To keep up with the cost of adulting, folks are hustling like never before. Multiple jobs and side gigs are becoming the go-to survival strategy.

Polyworking isn’t all sunshine and rainbows, though. Research says polyworkers are more likely to feel burnt out, stressed, and uninspired. They’re also less productive and craving a healthier work-life balance. Managers have their say too, noting that polyworkers tend to have shorter job stints, slower skill growth, messier organization, and struggle to fit into the company culture.

Still, many polyworkers are in it for the long haul. In that Paychex survey, about half of the respondents said they planned to keep polyworking indefinitely. The older they were, the more they saw it as a permanent thing, not just a temporary fix. So, polyworking is blowing up, offering sweet opportunities and challenges. It’s a rollercoaster of flexibility, extra cash, and skill-building, but it can also drain your energy and leave you feeling fried. If you’re thinking about joining the polyworking club, weigh the pros and cons wisely.

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