The Role Of Job Creation Law On Resistance Of Small Medium Micro Enterprises (Msmes) During Covid-19 Pandemic

Abstract

Micro, Small and Medium Enterprises (MSMEs) are business units that significantly contribute to economic growth in Indonesia. The MSME sector has become a business unit that contributes to Gross Domestic Product (GDP), absorbs labor, and revives the community's economy. Thus, MSMEs can be declared as one of the pillars of the nation's economy, so it needs special attention from the government. However, in its running, MSMEs in Indonesia are facing an economic crisis due to the Covid-19 pandemic that has hit since 2020. This has made MSME conditions worse due to declining people's purchasing power, capital problems, and raw materials. Therefore, a comprehensive policy is needed to overcome this, one of which involves Law No. 11 of 2020 concerning Job Creation (UU Cipta Kerja). The purpose of this research is to present knowledge and understanding about the role of the Job Creation Act in creating MSME resistance to the impact of the Covid-19 pandemic. The research method used is a normative juridical research method with a descriptive research nature.