Job Loss

The COVID-19 pandemic and the resulting lockdown caused 114 million people to lose their jobs over 2020.
The experts estimate working hours lost in 2020 were equivalent to 255 million full-time jobs, leading to $3.7 trillion in lost labor income.
Although millions have returned to work, the experts do not expect global working hours to return to pre-COVID levels in 2021.

Stock Market Rise

During a recession, stock prices typically plummet. The world market recession is looking for secondary income where they can use the stock market, that pushes the markets can be volatile with share prices experiencing wild swings. Investors react quickly to any hint of news either good or bad and the flight to safety can cause some investors to pull their money out of the stock market entirely.

The outbreak of the coronavirus pandemic has shaken the global economy. The uncertainty of what will come and for how long the pandemic will go on spooked investors, which severely impacted the global financial markets. Uncertain economic times often trigger investors to sell their shares or to wait with planned investments, and some of the most important stock market indexes fell markedly.

The volatility caused by the crisis further led to changes in many investors’ perceptions and behaviors.
More than 10 million new brokerage accounts were opened by individuals in 2020 more than ever in a year.
As there is no job stability, world transformation in digital makes investors look for secondary incomes that makes more investors on the trader's market.