How people who quit jobs pay their bills: Gig work, new living arrangements

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Over 2 million workers are missing from the US workforce. Here's how they're paying their bills.

who made money on platforms in the past 12 months reported this was their main job. Overall, whether it be a main job or side job, 23% said their gig platform money was"essential" and 35% said it was"important" to help meet their basic needs., gig worker Matthew Hill tried factory work but then wanted the flexibility to decide his schedule.

"When I'm able to decide what I want to do with my time, there are things I can do to help me learn and grow my own business," Hill said, who is an Uber driver, DoorDash deliverer, and content creator."There's different opportunities I can come across because I'm always looking for investments to make."

Multi-generational or roommate living allows people to split bills and caregiving duties so they can earn less Zhou said these missing workers from the labor force could potentially be in a household with multiple earners, noting many young people moved back in with their parents during the pandemic."Because of the wage inflation in the last year or so has been very strong, it is possible that they're able to offset the cost that they're incurring on their family," Zhou said.

 

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No new insights. A banker using proprietary data to make assumptions isnt compelling. I'm sure she enjoys being interviewed but it's not worth a read. Saying people can live for 2 yrs off of stimulus (less than $4,000 were given) & moving to Portland from San Fran is ridiculous.

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