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Bounce back, the challenge for unemployed entrepreneurs

2023-03-15T18:54:47.884Z


ANALYSIS – With the return of bankruptcies, more and more of them find themselves “unemployed”. A business leader who finds himself “unemployed”, it happens… Massively supported during the Covid crisis, in particular through loans guaranteed by the State (PGE), many companies have been able to continue their activities despite fragile fundamentals . The number of bankruptcies thus experienced a historic drop in 2020 and 2021 (respectively 32,000 and 28,000 against more than 50,000 in previou


A business leader who finds himself “unemployed”, it happens… Massively supported during the Covid crisis, in particular through loans guaranteed by the State (PGE), many companies have been able to continue their activities despite fragile fundamentals .

The number of bankruptcies thus experienced a historic drop in 2020 and 2021 (respectively 32,000 and 28,000 against more than 50,000 in previous years).

An unprecedented situation which has long raised fears of a counter-shock, in the form of a “bankruptcy wall”, in the aftermath of the pandemic.

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He has not arrived.

However, a catch-up is currently at work.

Some 42,000 failures were thus recorded in 2022. And, often, this results in a business manager losing his job.

No less than 38,670 of them have thus found themselves “unemployed” over the past twelve months, according to figures from the employment observatory for entrepreneurs published by the GSC association (Social Guarantee of the Head of the Company) and of…

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Source: lefigaro

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