
Informal Labor Force
The informal labor force refers to workers who are engaged in jobs that are not regulated by the government. This includes activities like street vendors, domestic workers, and freelance gigs that often don't provide official contracts, benefits, or legal protections. While these jobs can be flexible and might help individuals earn a living, they often lack stability and security. Workers in the informal sector contribute to the economy but may not be counted in official employment statistics, making it harder to assess overall labor market conditions.