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Difference between casualisation and informalisation

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Difference between casualisation and informalisation

Posted by Kanishka Rauthan 2 years, 5 months ago

CBSE > Class 12 > Economics

1 answers

Vaiza Islam 2 years, 5 months ago

Casualisation of workforce refers to a situation when the percentage of casually-hired workers in total workforce tends to rise over time. Informalisation of workforce is defined as situation where percentage of workforce in the formal sector tends to decline and that in the informal sector tends to rise.

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