The fifth LSE-CEP survey of the self-employed of May 2022 provides an up to date picture of how Covid-19 and its aftermath keep affecting the self-employed.
The findings show that, although working on average a little more, incomes and profits of these workers have not recovered from the hit of the pandemic. In fact, they are now suffering from the new pressure of the rising costs of energy, which has become a matter of main concern for the growth of small and medium businesses. Overall, the results suggests that the already slow recovery of the self-employed from the effects of Covid-19 is in jeopardy because of new challenges.