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Tag: livelihoods

Covid-19 impact: Nearly half of the global workforce at risk of losing livelihoods

Posted on 30 April 202030 April 2020 By Editor 3 Comments on Covid-19 impact: Nearly half of the global workforce at risk of losing livelihoods
Covid-19 impact: Nearly half of the global workforce at risk of losing livelihoods

The continued sharp decline in working hours globally due to the COVID-19 outbreak means that 1.6 billion workers in the informal economy – that is nearly half of the global workforce – stand in immediate danger of having their livelihoods destroyed, warns the International Labour Organization.

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Global SME News, which started in 2008, is dedicated to micro, small and medium enterprises from around the world. It publishes in-depth analysis, market and sectoral reviews as well as news than can help SMEs stay ahead of the curve and acquire the necessary tools to stay relevant in the market.

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