When the COVID-19 crisis first capsized the U.S. economy, one of the cynical benefits that the pandemic sparked was the pivot to work-from-home initiatives. A realization occurred that people may not necessarily need to be physically tethered to their offices and cubicles. Still, with COVID fears fading, several employers have recalled their employees. However, to secure the remaining laggards, a battle may emerge, which could boost gig economy stocks PayPal (NASDAQ:PYPL) and H&R Block (NYSE:HRB). Technically speaking, the gig economy is a fancier term to describe the marketplace for freelance workers. Unlike employees, so-called gig workers are essentially sole proprietors, thus operating for themselves.
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PayPal (NASDAQ:PYPL)
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PayPal (NASDAQ:PYPL)
Historical Stock Chart
From Dec 2021 to Dec 2022 Click Here for more PayPal Charts.