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This post may refer to COVID-19

This post may refer to COVID-19

To access official information about the coronavirus, access CDC - Centers for Disease Control and Prevention.

34% of America’s small businesses are still closed due to COVID-19. Here’s why it matters
www.weforum.org

34% of America’s small businesses are still closed due to COVID-19. Here’s why it matters

Compared to January 2020, 34% of small businesses in America are closed. They've been one of the hardest-hit sectors since the coronavirus pandemic began.

Business

99.9% of all businesses in the U.S. qualify as small businesses, collectively employing 47.3% of the nation’s private workforce.

They've been one of the hardest-hit sectors amid the pandemic.

Compared to January 2020, 34% of small businesses are closed.

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San Francisco is one of the most affected metro areas, with a 48% closure rate of small businesses.

It's likely that this could exacerbate a 'K shaped' recovery.