IER News & blogs
Job growth and job quality: Harnessing the potential of the Social Economy in the post-Covid recovery - Blog by Peter Dickinson
Social economy enterprises (SEEs) – such as cooperatives and social enterprises – comprise around 7% of UK employment. A recent study published by the Institute for Employment Research (IER) found that SEEs weathered the storm of the 2008 Financial crisis better than other enterprises and were able to deliver inclusive growth, sustainable development and higher quality jobs. Moreover SEEs in Italy, Poland, Spain, Sweden and the UK provided faster jobs growth compared to other organisations. The resilience and jobs growth of SEEs in the wake of the 2008 Financial crisis should therefore be harnessed to support the current pandemic economic recovery.