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Self-employment in Wales during the COVID-19 Pandemic

Self-employment in Wales during the COVID-19 Pandemic
Self-employment in Wales during the COVID-19 Pandemic
The economic fall-out from the COVID-19 crisis continues to wreak serious damage in the labour market, and at the time of writing the full extent of this damage is some way from becoming apparent. One significant group of workers who have been very badly affected by the economic shock resulting from ‘lockdown’ are the self-employed. In previous analysis it was reported that almost 4 in 10 of the jobs created in Wales over the decade following the 2008 financial crisis were in self-employment (Henley and Lang, 2017). Furthermore, this analysis demonstrated the high degree of diversity of self-employment activity across Wales, both in spatial and sectoral dimensions. This paper looks at how this group in Wales have fared so far during the crisis and makes some suggestions on how policy may address the prospects of the self-employed.
self-employment, micro-enterprise, COVID-19, Wales
1-13
Henley, Andrew
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Reuschke, Darja
224493ce-38bc-455d-9341-55f8555e7e13
Daniel, Elizabeth
eb0bdd41-dcd9-403e-80e9-b5a568d0edcb
Price, Victoria Sian
e0586aef-157f-48b8-ace4-ec9610bb7229
Henley, Andrew
0c6c2ae6-9354-4b52-915a-77907fef7e4c
Reuschke, Darja
224493ce-38bc-455d-9341-55f8555e7e13
Daniel, Elizabeth
eb0bdd41-dcd9-403e-80e9-b5a568d0edcb
Price, Victoria Sian
e0586aef-157f-48b8-ace4-ec9610bb7229

Henley, Andrew, Reuschke, Darja, Daniel, Elizabeth and Price, Victoria Sian (2021) Self-employment in Wales during the COVID-19 Pandemic. Welsh Economic Review, 28, 1-13. (doi:10.18573/wer.259).

Record type: Article

Abstract

The economic fall-out from the COVID-19 crisis continues to wreak serious damage in the labour market, and at the time of writing the full extent of this damage is some way from becoming apparent. One significant group of workers who have been very badly affected by the economic shock resulting from ‘lockdown’ are the self-employed. In previous analysis it was reported that almost 4 in 10 of the jobs created in Wales over the decade following the 2008 financial crisis were in self-employment (Henley and Lang, 2017). Furthermore, this analysis demonstrated the high degree of diversity of self-employment activity across Wales, both in spatial and sectoral dimensions. This paper looks at how this group in Wales have fared so far during the crisis and makes some suggestions on how policy may address the prospects of the self-employed.

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Accepted/In Press date: 18 December 2020
Published date: 24 February 2021
Keywords: self-employment, micro-enterprise, COVID-19, Wales

Identifiers

Local EPrints ID: 448016
URI: http://eprints.soton.ac.uk/id/eprint/448016
PURE UUID: 51f42910-e00c-4293-9a28-46ed84ada791
ORCID for Darja Reuschke: ORCID iD orcid.org/0000-0001-6961-1801

Catalogue record

Date deposited: 30 Mar 2021 16:33
Last modified: 13 Apr 2021 01:50

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Contributors

Author: Andrew Henley
Author: Darja Reuschke ORCID iD
Author: Elizabeth Daniel
Author: Victoria Sian Price

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