The impact of the Covid-19 pandemic on sales and employment of the non-financial corporate sector in Slovenia

Using annual firm-level data for Slovenia, this paper examines the impact of the Covid-19 pandemic on sales and employment. The outcomes in the pandemic year are compared with those in the pre-Covid and post-Covid periods. The negative impact of the pandemic on sales was sizeable, but the impact was significantly less for smaller and younger firms and was most in the accommodation and food services sector. The likelihood of contraction in employment was higher the larger was the drop in sales. Government financing support had a strong positive effect on facilitating employment growth.