Worker Co-ops: Weathering the Storm of COVID-19
Author(s):
Mo Manklang, Zen Trenholm, Olga Prushinskaya
Year:
2020
SPACING
In this moment of crisis, worker cooperatives are a reliable, proven solution to address the loss of jobs and income inequality.
COVID-19 has devastated the small business community, and the clock is ticking on permanent shutdowns of small businesses. 45 percent of businesses believe they have less than six months until a permanent shutdown is unavoidable. Tens of millions are still unemployed. Millions of Americans will fall off an “income cliff” when unemployment benefits end.
COVID-19 has devastated the small business community, and the clock is ticking on permanent shutdowns of small businesses. 45 percent of businesses believe they have less than six months until a permanent shutdown is unavoidable. Tens of millions are still unemployed. Millions of Americans will fall off an “income cliff” when unemployment benefits end.
