Over 1M people lost jobs in urban areas due to Covid: Study
It also highlighted that the most affected workers' groups include urban-based day labourers
People belonging to the informal job sector, operating in the urban areas, suffered most due to unemployment caused by the Covid-19 pandemic as 1.08 million people lost their livelihood in 2020-21, said a recent study.
The study report titled "Impact of Covid-19 on the Labour Market" was prepared by the Bangladesh Institute of Labour Studies (BILS) and Center for Policy Dialogue (CPD).
It also highlighted that the most affected workers' groups include urban-based day labourers mainly working in construction, informal services and transport workers (e.g. private car drivers, rickshaw pullers, launch and boat drivers).
Keep updated, follow The Business Standard's Google news channel
About 69% of the employed population in urban areas were in high-risk states throughout 2020, which impacted 49% of the total economy, said the report unveiled virtually on Saturday.
High-risk sectors include manufacturing, construction, transport, wholesale and retail trade, food and accommodation services and personal services.
Finance, domestic service, retail estate and education sectors were in medium-high risk and agriculture, health, information and communication belonged to low risk categories.
However, the pandemic opened up business opportunities in few sectors including e-commerce and health and pharmaceuticals.
