Prices and Population Influence Each Other

When everyone expects young people to pick up the slack, what happens when they refuse? What if they simply opt out? Or, what if they choose not to have children at all?

This is how weak consumer spending comes about.

Side Hustles in the United States in 2022

According to a survey, 40% of Americans have a side hustle, up 6% from a year ago. Nearly half report spending less than 10 hours per week on their side hustle, while those with one earn an average of $12,689 annually. About 37% earn $5,000 or more per year from their side hustle, and roughly 17% earn $15,000 or more (roughly $500 a month).

Younger people are more likely to have a side hustle.

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