Analysis: This Is How COVID-19 Is Affecting Informal Workers
By Sean Fleming
There are more than 2 billion people working informally, according to the International Labour Organization (ILO). That’s around 62% of the global workforce. And they’re at the greatest risk from the economic fallout created by the coronavirus pandemic.
According to the World Bank: “Informal workers on average have incomes 19% lower than formal workers and have limited savings.”