Facebook, OECD, World Bank Examine Covid-19’s Impact on Micro-Businesses

Those owned and operated by one person are closing at a higher rate than their larger peers

Over the five surveys to date, on average, 49% of micro-businesses were female-led Deagreez/iStock

The pandemic continues to impact businesses of all sizes, but those owned and operated by a single person are being hit particularly hard, according to the fifth edition of the Global State of Small Business Report, which was released by Facebook Thursday.

@9Number9 david.cohen@adweek.com David Cohen is editor of Adweek's Social Pro Daily.