WTO Says Informal Jobs Diminish Free Trade Gains

Law360, New York (October 12, 2009, 5:40 PM EDT) -- High levels of informal employment in the developing world create poverty traps for workers transitioning between jobs and keep countries from experiencing the full benefit of loosened trade restrictions, the International Labour Organization and the World Trade Organization have found.

A recent joint study run by the two organizations focused on the linkages between globalization and informal employment and found that informal employment is widespread in many developing countries, leaving thousands of workers with almost no job security, low incomes and no social protection, according to...
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