segmented labor market

A segmented labor market refers to the idea that the job market is divided into separate parts with different characteristics. Typically, it consists of a primary sector, offering stable, well-paying, and secure jobs with opportunities for advancement, and a secondary sector, which includes lower-paying, temporary, or insecure jobs with limited mobility. This division results in workers being confined to one segment based on factors like education, skills, or social background, making it difficult for many to move from low-quality jobs to better opportunities. The concept highlights unequal access to economic mobility and job stability within the overall labor market.