Monday, May 12, 2025

Pandemic and companies: 300,000 companies and 2 million jobs that favor the undeclared are at risk

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Pandemic – Business a comparison in which there is no doubt which is the weakest issue: companies and especially those in the tourism sector and those in southern Italy.

We are not only talking about tourism, but also about entertainment, travel, services to people, sectors that have lost up to 70% of their turnover, endangering the survival of 300,000 businesses and 2 million jobs.

The consequences all must be managed from undeclared work which is already an emerging problem in many companies. The described image has drawn it the Office of Studies of the CGIA of Mestre.

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At the top of the ranking of Travel Agencies and Tour Operators: – 73.2%. Following artistic activities, gyms, swimming pools, game rooms, cinemas and theaters with -70%; then hotels and accommodations with -53%; bars and restaurants with – 34.7%; rent and operating lease – 30.3%.

The most damaged sector is the wholesale trade with a loss of 44.3 billion euros. Around 292,000 small and medium-sized companies are at a higher risk of closure: micro-companies that have been severely affected by the crisis also because they have not been able to adopt any strategy in the face of the crisis.

The productive sectors that suffer the most are textiles, clothing, printing, furniture and construction. Sooner or later it will no longer be possible to postpone blocking layoffs and at that time the occupational collapse will be immediate. At that time the main social safety net will be represented by offers from underground and by that time our society will have regressed decades.

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Ebenezer Robbins
Ebenezer Robbins
Introvert. Beer guru. Communicator. Travel fanatic. Web advocate. Certified alcohol geek. Tv buff. Subtly charming internet aficionado.

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