Publication | COVID-19 and the Self-Employed
Publication | COVID-19 and the Self-Employed
On March 25, 2020, the Governor announced that unemployment benefits eligibility was expanded to self-employed, independent contractors, and freelance workers.1 This component of the economy, non-employer business, is particularly important and it is promising to see that they are included in state and federal strategies to endure the COVID-19 pandemic. The table below highlights the number of non-employer establishments and the total (and average) receipts per establishment in Kentucky. A non-employer business is one that has no paid employees, has annual business receipts of $1,000 or more ($1 or more in the construction industries), and is subject to federal income taxes. In 2017, there were a total of 291,230 nonemployer establishments in the state. These establishments generated receipts exceeding $12.5 billion, which represents approximately 6.3% of Kentucky’s total GDP...
COVID-19 Small Business
