[0:00]Have you ever heard of the informal sector? Let's talk about what it is and why it matters.
[0:10]The informal sector refers to economic activities that are not regulated or protected by the government. It's estimated that over 60% of the global workforce is employed in the informal sector.
[0:27]Why does the informal sector matter? Well, it provides employment opportunities for many people who would otherwise be unemployed. In some countries, the informal sector accounts for up to 90% of all employment.
[0:43]However, the informal sector also has its challenges. Workers in the informal sector often lack job security, social protection, and access to basic rights and services. So, it's important to understand the informal sector and work towards improving conditions for workers. By doing so, we can create a more inclusive and sustainable economy.
