Future You

These Are the Top 10 Most Profitable Side Hustles in 2023

As Americans try to save more money, these are the best jobs for those seeking extra income.

Photographer: Stefan Wermuth/Bloomberg
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With pay raises set to disappoint and almost 40% of Americans resolving to save more in 2023, some are looking for new ways to generate extra income with a side hustle.

Even as the US job market remains strong, so does inflation, leading some to seek more money. While Labor Department data shows that wages rose 4.6% in December compared to a year earlier, that still lags inflation, which rose 7.1% in November from last year. Labor force participation ticked up in December and the unemployment rate dropped to 3.5%, a five-decade low.