Informal Sector Workers

Informal sector workers are individuals engaged in jobs that aren't regulated by the government or covered by formal labor laws. This includes street vendors, casual laborers, and domestic workers who often lack job security, benefits, and legal protections. They contribute significantly to the economy, especially in developing countries, but their work can be unpredictable and underpaid. Labor force participation refers to the percentage of the working-age population that is either employed or actively seeking work. Informal workers are a vital part of this equation, illustrating the diversity of employment types beyond traditional, formal jobs.