REPORT: More Workers Taking Second Job for Income, Security

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Do you know someone working two jobs?

According to recent labor statistics, millions of Americans are part of a new wave of "hybrid income" households in order to make ends meet.

The statistics say that as much as 7 million American workers have more than one job. In states such as South Dakota, nearly 10% of the workforce is holding on to more than one job.

This surge of hybrid income workers is due not only to a need for increased income, but for job security, Kimberly Palmer, author of The Economy of You, told CBS News. Additionally, unforeseen factors such as job loss or becoming a parent can cause a need for such stability.

Paired with this trend is a much higher number of part-time jobs available than in the past. According to the Bureau of Labor Statistics, there are 117.7 million full-time jobs available nationally, and 27.4 million part time jobs (up from 2.6 million during the recession).

Some employers are taking second jobs into consideration while they slowly disintegrate traditional '9-5' working models. This is particularly true to leverage Millennial worklife, which often incorporates freelance work and the need to pay off massive student loans.

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