Globally, 58.0% of those employed were in informal employment in 2022, amounting to around 2 billion workers in precarious jobs, most lacking any form of social protection. Prior to the onset of the pandemic, the incidence of informal employment had been slowly declining and stood at 57.8% in 2019. The pandemic resulted in a disproportionate job loss for informal workers, particularly for women, in 2020. The subsequent recovery from COVID-19 has been driven by informal employment, which has caused a slight increase in the incidence of informality.