ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / ECONOMY & WORK

LA Woman Sparks Dialogue on Young Americans Juggling Multiple Jobs for Survival; Netizens Relate

According to Azar, the promise of financial stability that often accompanies a college degree seems elusive for many in her generation.
PUBLISHED APR 4, 2024
Cover Image Source: Woman sparks debate on Americans juggling multiple jobs | TikTok | Isabella Azar | @withbellsmedia
Cover Image Source: Woman sparks debate on Americans juggling multiple jobs | TikTok | Isabella Azar | @withbellsmedia

A TikTok video by Isabella Azar (@withbellsmedia) has ignited a conversation about the growing trend of young Americans working multiple jobs just to make ends meet. Azar, a marketing consultant based in Los Angeles, expressed frustration at the necessity for some individuals to take on second jobs to cover expenses despite holding corporate positions.

TikTok | Isabella Azar | @withbellsmedia
TikTok | Isabella Azar | @withbellsmedia

In her viral video, Azar highlighted the plight of a woman who, despite working a corporate job, found it insufficient to meet her financial needs. To bridge the gap, she took on a weekend waitressing job, sacrificing her leisure time for additional income. Azar's commentary resonated with many, shedding light on the economic challenges faced by a significant portion of the younger workforce. According to Azar, the promise of financial stability that often accompanies a college degree seems elusive for many in her generation. The burden of student loan debt coupled with wages that fail to cover basic expenses has forced individuals to seek supplementary income through second jobs. This phenomenon, as Azar describes it, reflects a broader systemic issue undermining the traditional notion of upward mobility through education and employment.

TikTok | Isabella Azar | @withbellsmedia
TikTok | Isabella Azar | @withbellsmedia

The Economic Policy Institute (EPI) highlights a concerning trend known as the "productivity-pay gap." While productivity has surged over the years, workers' wages have failed to keep pace. This disparity, characterized by a significant increase in productivity compared to stagnant wage growth, exacerbates financial insecurity for many workers, particularly younger generations. Data from a 2023 study by Kantar reveals that nearly a third of workers across ten countries hold second jobs due to economic concerns. Among them, Gen Z constitutes the largest demographic, with 40% of young workers juggling multiple jobs to supplement their income. Despite a reported 22% increase in hourly wages between March 2020 and February 2024, many individuals still struggle to make ends meet, contributing to the prevalence of second jobs.

TikTok | Isabella Azar | @withbellsmedia
TikTok | Isabella Azar | @withbellsmedia

Azar's concerns extend beyond personal financial struggles to encompass broader economic implications. She emphasizes the adverse impact of a culture dominated by overwork, where individuals forego leisure activities and discretionary spending in favor of additional employment. Such behavior, she argues, hampers economic growth by stifling consumer spending and reducing overall demand. On TikTok, users voiced their frustrations about the challenges of making ends meet despite having higher education degrees. @VDogg609 said, "I have a biology degree but I just started working at Home Depot because my healthcare job paid less." @Cozycow7 revealed, "The way I'm a literal engineer and do Doordash after work." @VinesNotComingBack expressed dismay, stating, "And then they ask why we’re not having kids."

TikTok | Isabella Azar | @withbellsmedia
TikTok | Isabella Azar | @withbellsmedia

@Kelly H, a state employee, highlighted the struggle, stating, "I work for the STATE and I don’t make enough to survive." @bonn3tbandit criticized corporate policies, saying, "Corporate is trying to make 2 jobs illegal and now the side hustles are being taxed heavily." @Inari shared the distressing reality, noting, "People are canceling their insurance plans just to make ends meet. It's awful." @Linda Jessogne recounted her experience, saying, "My corporate job told me I had to quit my bartending job because ‘it’s interfering’ or I’d be fired."

The implications of reduced consumer spending are far-reaching, as evidenced by findings from a 2023 Bank of America poll indicating that 73% of Gen Z individuals have cut back on spending due to economic concerns. This shift in consumer behavior has repercussions for various sectors of the economy, potentially dampening economic growth and increasing the likelihood of a recession. The government's issuance of pandemic stimulus checks aimed not only to alleviate financial hardship but also to stimulate economic activity by encouraging spending. However, the sustained reduction in consumer savings since the onset of the pandemic, as reported by USA Today, raises concerns about future spending patterns and their impact on economic stability. With consumption accounting for a significant portion of the economy, any slowdown in spending could have cascading effects on overall economic performance.

For more such content, you can follow Isabella Azar @withbellsmedia on TikTok. 

MORE ON MARKET REALIST
Turns out that the expert had an original wanted poster for Booth, and Rick was interested in it.
53 minutes ago
Vanna White seemed worried when she learned what the former host had done.
18 hours ago
Chumlee went out to handle the whole deal by himself and committed another blunder.
19 hours ago
The movie in question is considered legendary and has the iconic Harrison Ford as the lead.
23 hours ago
Their product would make life a lot easier for a lot of fitness enthusiasts, and the sharks saw that.
1 day ago
The painting's value had increased exponentially over the past century when the guest's parents got it.
1 day ago
The founder of Lumio had a decision to make when every investor wanted a piece of his company.
1 day ago
The player made a complicated-looking puzzle look like a walk in the park.
1 day ago
Even the expert had never seen such an iconic sporting trophy in front of him before.
1 day ago
Another contestant followed with a very absurd comparison that was not on the board as well.
2 days ago
He eventually made it as a contestant on "Wheel of Fortune" but his story was still hilarious.
2 days ago
Posters don't usually sound like items worth thousands of dollars, but in this case, things were different.
2 days ago
It has been a long time since anyone has won the Bonus Round and fans are not happy about it.
3 days ago
Memorabilia of the NBA legend has been valued at millions by auction houses.
3 days ago
She also opens up about other experiences with contestants on the show over the years.
3 days ago
The Spicer family did a 'herkie' during the game, a cheerleading posture named after National Cheerleaders Association founder Lawrence Herkimer. 
3 days ago
The fans were not happy that Seacrest accepted an answer even as the player threw in extra words.
3 days ago
Despite confirming its authenticity, Harrison had a tough time closing the deal due to the estimate.
3 days ago
The curse associated with player fatigue is something that champions have rarely been able to defy.
4 days ago
The sharks had an incredible time during the pitch, especially Mark Cuban who later offered a deal.
4 days ago