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).
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.