World Day for Social Justice
February 20, 2022
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… 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.
Promoting the transition to formal employment is a necessary condition to reduce poverty and inequalities, advance decent work, increase productivity and sustainability of enterprises, and expand government’s scope of action, notably in times of crisis.“ United Nations
