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Rising costs mean Americans are looking for ways to boost their income. And for 44% of Americans, this means taking on a side hustle to bring in some extra funds. The average side hustle will bring in around $473 a month—$5,700 a year—from jobs including reselling items on sites like Amazon or eBay, day trading, tutoring, or online freelancing. However, other side hustles are in high demand and can bring in four or five times that amount.
A recent study by Freelancer.com that analyzed data from 372,000 jobs posted on the platform between Oct. 1 and Dec. 31, 2022, and ranked programming, report-writing, and research-related jobs among the fastest growing skills on the platform.
“We have employers turning to freelancers for content jobs, such as writing and research projects, all the way to highly complex jobs like mathematics, programming, and engineering. The trend that we continue to see is the surge in tech-related projects as a result of global tech layoffs,” said Matt Barrie, chief executive at Freelancer.com, in a statement.