Top 10 Releases Survey Showing 48% of People Earning Less After COVID

Tel Aviv, Israel--(Newsfile Corp. - February 7, 2022) - Top 10 Best has recently released a survey revealing that citizens of the world have been badly affected by the pandemic, and Americans are not immune to the devastating effects of the consequences left behind by wage cuts, retrenchments, and furloughs.

The company has been publishing articles, ranking top ten findings since 2009 and has garnered enough attention to confidently say that they have helped make over sixteen million decisions through there comprehensive lists.

Designed to help consumers be more conscious about the choices that they make online, Top 10 doesn't just focus on products and trends, but also contains information about a wide range or products and services from multiple industries.

The company reveals that they are seeing similar levels of traffic but have noted a drop in buying power.

"Those that feel the pinch of earning less often state financial concerns regarding their retirement, loans, and debt, which affects everyone, from those at the bottom all the way to huge corporations," says a representative of the website, "Which is why buying services and products that are not considered a necessity are being put on the back-burner."

Perhaps it comes as no surprise that people are earning much less after COVID, because the economy is in shambles and what used to be lucrative no longer exists due to the lack of foot traffic needed to generate income. Due to the smaller market, people are downsizing their lives. Some may feel that they can live with smaller paychecks, having learnt how to stretch their dollar, and decided that a smaller life suits them better, which is why nobody sees everyone scrambling to fill the gap. However, Top 10 will still be around to help consumers make economic choices and offer valuable insight into what products or services are worth it and what they can pass.

The website notes that while industries have collapsed, there are also industries that have taken off far better than anyone could have expected. The gig and affiliate industry is absolutely flourishing, with platforms offering people the option to seek freelance employment in which is a win-win situation for everyone.

Workers can put some money in their pocket, employers can find talent to do their work at a small cost and none of the expenses of having full-time staff, even the platforms themselves are making a hefty sum through processing fees and what-not. Top 10 themselves utilize Amazon affiliate-ship to drive income and since content and e-commerce go hand in hand, it has worked out beautifully so far.

It might come as a surprise that earning less doesn't always correlate with a drop in purchasing power, though that it common and duly noted. However, the rep from Top 10 mentions that social media has been driving more transactions than any traditional forms of marketing.

The pandemic has truly transformed the world's financial outlook, and with all these new opportunities come with it certain challenges, but has opened the doors for creative money-making ideas. It has overthrown conventions of having an office or desk job, and truly opened up the skies for entrepreneurs. If someone has a good idea, the time to grow and kick start their startup is now or break into the gig market. Top 10 is also on the look-out for fresh new talent to join their dynamic team that takes the new working culture and expectations into consideration.

Media Contacts
Name: Top10
Email: contact@top10.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/112919