Thursday, July 7, 2022

Op-Ed: Social protection must be extended to millions of excluded informal workers

Worldwide, more than 60% of workers – some two billion individuals – make their living in the informal economy: street vendors, waste-pickers, domestic workers and countless others. There, they experience high risks of poverty, marginalization, insecurity and often shockingly dangerous working conditions.

But in a disturbing paradox, they are significantly less protected by social safety nets than their counterparts in the formal economy. Informal workers tend to be those most in need of social protection – due largely to their income insecurity and their exposure to hazardous work – yet they are among the groups most likely to be left out.

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