Highlight the impact of global recession on the poor in the informal sector.
Impact of Global Recession on the Poor in the Informal Sector The global recession has severe consequences for the poor working in the informal sector. Unlike formal employees, informal workers lack social security, job stability, and regular income. This makes them highly vulnerable during economic downturns. 1. Loss of Employment During a recession, small businesses […]
Highlight the impact of global recession on the poor in the informal sector. Read More »