Business crisis against COVID-19 pandemic background

Abstract

The coronavirus infection COVID-19, which swept the world in early 2020, has caused crisis phenomena in all economic segments. Small and medium-sized businesses appeared the most affected. Based on the study and generalization of analytical materials and approximation of statistical data, the most significant problems of both economic and socio-psychological level affecting the business community were identified, solving them can improve the efficiency of the labor activity. The crisis of entrepreneurship is a reaction of society to the changes that took place in the business environment, it is associated with contradictions arising between the need to defeat the COVID-19 pandemic and the eagerness to save small and medium-sized businesses. It has been inferred that the intermediate consequences of the COVID-19 pandemic have intensified the already existing negative effects of the crisis in the labor sector, which is most clearly manifested in the regional context. The dynamics of changes in the number of unemployed in the Russian Federation as a whole and in the Rostov region in particular is illustrated. The graph of changes in the number of registered small and medium-sized businesses in Russia is presented. Solving the problem requires a significant adjustment of the actions taken at the government level aimed at overcoming crisis situations both in the field of employment and unemployment, and support for entrepreneurship in general. Measures to solve the problems of the entrepreneurs and their employees have been proposed.