Economists argue that over the years, the quality of employment has been deteriorating. Formal sector workers are benefitted in some ways. Find the statement describing informal sector worker's status.
Economists argue that over the years, the quality of employment has been deteriorating. Formal sector workers are benefitted in some ways. Find the statement describing informal sector worker's status.
Solution
✅ Correct Option: 4
Informal sector workers are typically daily-wage earners without job security, social security benefits or protection of labour laws. Forming trade unions, earning regular incomes, and protection under labour laws are features of formal sector workers, so options 1, 2 and 3 describe the formal, not the informal, sector.
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