2022 Theme: Achieving Social Justice through Formal Employment
More than 60 per cent of the world’s employed population, that is 2 billion women, men and youth, earn their livelihoods in the informal economy. The COVID-19 pandemic has put a spotlight on the vulnerability of workers in the informal economy. Informal workers, who often lack any form of social protection or employment-related benefits, are twice as likely to be poor compared to formal workers. Most people enter the informal economy not by choice, but due to lack of opportunities in the formal economy.