The COVID-19 crisis has led to fall in employment and millions of jobs and businesses in once secure sectors have been hard hit, such as tourism, hospitality, retail and construction.
SMEs account for the majority of firms and jobs in OECD countries, particularly in these sectors. Many are struggling to survive the pandemic.
Workers are struggling too, in particular young people, women and low-income workers, who are among those at greatest risk of joblessness and poverty. They generally have less secure, unskilled jobs, and are more likely to work in industries and firms most affected by the crisis.
We need to provide adequate social protection to all people, as well as the necessary training for them to find work in new sectors as the recovery unfolds. We need to support viable firms and help industries develop new sectors and jobs.
Improving social dialogue and collective bargaining will also be essential in supporting people and firms today and in laying the foundations for the inclusive and sustainable jobs of tomorrow.