20 February is observed as the World Day of Social Justice (also referred to as Social Justice Equality Day). In June 2008, the International Labour Organisation adopted the Social Justice for a Fair Globalization Declaration to bring forward this important celebration. According to the UN the day “recognizes the need to consolidate further the efforts of the international community in poverty eradication and in promoting full employment and decent work, gender equality and access to social well-being and justice for all.”
According to the United Nations, “More than 60 percent of the world’s employed population, that is 2 billion women, men, and youth, earn their livelihoods in the informal economy. The COVID-19 pandemic has put a spotlight on the vulnerability of workers in the informal economy. Informal workers, who often lack any form of social protection or employment-related benefits, are twice as likely to be poor compared to formal workers. Most people enter the informal economy not by choice, but due to a lack of opportunities in the formal economy’’.
The theme for 2022 – “Achieving Social Justice through Formal Employment’’ aimsto promote the transition to formal employment as a necessary condition to reduce poverty and inequalities, advance decent work, and increase the productivity and sustainability of enterprises.