30% of Americans Need Second Job Just To Pay Their Bills! Economic Slowdown

Do you think that a large number of people have 2 or 3 jobs which would skew the employment statistics?

You know there’s a problem when people need a second job just to live a standard lifestyle. Nothing extravagant. Just your typical consumers. Today, we’ve seen the economic statistics pile up and they’re telling us that things are looking fantastic. Unemployment is at a record low. Inflation is almost non-existent. Consumer sentiment is very high. But for those who are willing to accept a painful dose of reality, there’s some alterternative information they need to see. And that’s why…  

 

One-third of Americans say they need a side gig to pay expenses – MarketWatch

www.marketwatch.com/story/even-with-a-hot-labor-market-one-third-of-americans-say-they-need-a-side-gig-to-pay-expenses-2019-06-07?mod=personal-finance

Survey: Nearly 1 In 3 Side Hustlers Needs The Income To Stay Afloat | Bankrate.com

www.bankrate.com/personal-finance/side-hustles-survey-june-2019/

Survey: High Costs Keep Americans From Summer Vacation | Bankrate.com

www.bankrate.com/credit-cards/survey-summer-vacation/

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i.vimeocdn.com/video/622377473_1280x720.jpg

Unemployment Rate for Tech Workers Hits Lowest Number Ever | Fortune

fortune.com/2019/06/12/unemployment-tech-workers-lowest-ever/

Civilian Unemployment Rate | FRED | St. Louis Fed

fred.stlouisfed.org/series/UNRATE

Personal Consumption Expenditures excluding Food and Energy (chain-type price index) | FRED | St. Louis Fed

fred.stlouisfed.org/series/BPCCRO1Q156NBEA

 

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