Nearly two-thirds of global workforce in the ‘informal’ economy – UN study


ILO/Vijay Kutty – Cycle rickshaw pullers in the old quarter of Delhi, India. According to a new ILO report, about 93 per cent of the world’s informal employment is in emerging and developing countries.

news.un.org – More than 61 per cent of the world’s employed population – two billion people – earn their livelihoods in the informal sector, the United Nations labour agency said on Monday, stressing that a transition to the formal economy is critical to ensure rights’ protection and decent working conditions.

The high incidence of informality in all its forms has multiple adverse consequences for workers, enterprises and societies and is a major challenge for the realization of decent work for all,” said Rafael Diez de Medina, the Director of the Department of Statistics at the UN International Labour Organization (ILO).

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