A recent World Bank report says informal employment remains a salient and persistent feature of the Sri Lanka labor market, with around 70 percent of the work force informally employed.

There are generally three reasons to be concerned about high informality: poverty, productivity and public finance.

This report focuses on the poverty and vulnerability aspect of informal employment, by showing that informal jobs are more precarious in nature than formal jobs and are associated with inferior working conditions and lower earnings. The following three key messages emerge from the analysis.

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