to Stay in the near future without a livelihood risks nearly half of all workers in the world. First 1.6 billion people employed in the informal sector of the economy, warn the officials of the International labour organization.

“Pandemic and labor crisis is growing, – said the head of the ILO guy Ryder. – The need to protect the most vulnerable has become more than urgent. For millions of workers lack of income means lack of food security and prospects for the future. The lives of millions of organizations barely warm. They have no savings or access to credit. This is the reality of our world. If urgently not to come to their assistance, businessmen can simply disappear”.

Reasons for the lower incomes of working people several. First, the rate of reduction of working hours was higher than expected, experts of the ILO. According to the original forecasts, it was about reducing working time by 6.7 percent compared to the fourth quarter of 2019, which corresponds to full employment 195 million people. In fact there is a reduction of this index by 10.5 percent. And this is equivalent to the unemployment of 305 million people.

Demand for labor falls in different parts of the globe. In the Americas – 12.4 percent in Europe and Central Asia 11.8 percent, in other regions, the values fluctuate around 9.5 percent.

the most Difficult, the ILO estimates, we have engaged in the informal sectors of the economy. And their number is very large – about 1.6 billion people out of 3.3 billion all workers in the world. Their loss in income during the first month of the crisis, the average could reach 60 percent of past earnings. In Africa and the Americas this indicator is higher – up to 81 percent in Europe and Central Asia up to 70 per cent in South-East Asia and the Pacific countries to 21.6 percent. Without additional sources of income for these workers and their families risk not just to survive, warns the ILO.

However, it is difficult to account for and entrepreneurs. According to the ILO, 436 million of them worldwide, operating in various sectors of the economy, faced with a high risk of disruption to their business.