“The golden age of America has only just begun,” President Trump said at the beginning of March during his speech at the Joint Session of Congress. “It will be like nothing that has ever been seen before.”

One must wonder if the growing number of Americans working multiple jobs to afford the Trump era really find it all that ‘golden’.

April’s U.S. Bureau of Labor Statistics Current Employment Statistics report revealed a worrying trend in ‘over-employment’ gaining steam.

Last month, when the February report was released, it showed that 8.9 million workers were working more than one job in February – roughly 5.4% of all working Americans. This level of overemployment was the highest rate seen since the 2009 Recession.

Disturbingly, the rate continued to climb ever higher in March.

Over 9.1 million were working multiple jobs in March – more than a 2% increase – in just one month.

Shockingly, almost 400,000 Americans have to work two full-time jobs to make ends meet.

For those over-employed who are ‘lucky’ enough to only have to do one full-time position and one part-time gig, they are still averaging almost 50 hours per week between the two roles.

Perhaps the most interesting – and concerning – part of the growing trend is the demographic breakdown of who these Americans are.

They are college-educated.

About half of all multiple jobholders, moreover, now have a college degree.

The Federal Reserve Bank of St. Louis noted in its Beyond the 9 to 5: Decoding the Overemployment Trend Report that the composition of multiple jobholders by education in 1994 broke down to the majority, 70%, having no college education, compared to just 30% of multiple jobholders who had a college degree.

That gap has disappeared, it is now an almost even 50/50 split – meaning someone with a college degree is just as likely as someone without a college degree to have to hold down multiple jobs.

Furthermore, the age and gender breakdown offer more insights.

Women are more likely than men to hold more than one position. Of the 9.1 million, over 4.8 million were women.

Additionally, the average age of a multiple jobholder is now 42.5. They are getting older.

Women and individuals in their 40s are also often burdened by familial caregiving responsibilities – whether to children or aging relatives.

The overemployed are busy – and likely tired.

However, with the pace of recent inflation, the overemployed are likely seeking ways to supplement and increase their income to counteract the erosion of purchasing power.

President Trump’s chaotic tariff plan will only make things worse as retaliatory actions from America’s trading partners will likely result in increased consumer costs and reduced economic growth.

Ultimately, this means more Americans will be working double duty in the ‘golden age of America’.