The phrase "economic livelihood" is correct and usable in written English.
You could use it in any formal or informal contexts where you need to discuss the way in which people make a living. For example, "The poor farmers are struggling to maintain their economic livelihood."
Land and property restitution significantly influences the prospects for social, economic, livelihood, security and political recovery.
Many people around the world depend on fishes or products made from fishes for their food and economic livelihood.
Trump spoke of it as if it were an urgent threat to the economic livelihood of god-fearing Americans.
It is the lifeblood of the town, the essence of its economic livelihood, the reason the tourists keep coming back.
As they will be using and producing the products, their economic livelihood depends on the orderly regulation of this sector.
Changes in drought pattern are expected to have a strong impact on the economic livelihood of the region, especially for agricultural production.
So I could go on at length about other contributions from economics to sustainability assessment, of the focus on economic livelihoods and household livelihoods, the role of natural capital in economic growth, which in the last few years has gotten a lot of attention, and so forth.
Many people lost everything, their economic livelihoods, their homes or even loved ones.
Protecting women and girls from violence, investing in disaster risk reduction, promoting economic livelihoods are part of the humanitarian enterprise.
The problem, the report says, is that many groups see empowerment as something pretty narrow: providing women with economic livelihoods.
Ecologically, this zone is also the most productive, and the mainstay of economic livelihoods on a global scale.
