ILO sees 60 per cent drop in earnings of informal workers due to pandemic | ANC

The International Labour Organization (ILO) says informal workers are bearing the brunt of the COVID-19 pandemic's impact on the global economy. This as the supply chain gets disrupted from both the demand and the supply side. ILO enterprise specialist Fredy Guayacan notes that as much as 73 per cent of the global informal economy has been heavily impacted by the crisis. He adds that while many sectors have been able to move their operations online, businesses that cannot digitize are heavily impacted.

Date issued: 27 June 2020 | Size/duration: 00:11:56