Formal employment
Jobs with regular hours, a weekly wage, pays taxes and have reasonable working conditions.
Informal employment
Don’t pay taxes, often unskilled labour and labour intensive, requires little money to set up and offers little to no protection to the worker if they’re sick or fall upon hard times.
Remmitance
Money sent to families, friends or saving accounts in foreign countries by the immigrant workforce.
Effects of informal employment on children
Time spent in school could be spent earning money, so many children work instead of going to school.
Effects of informal employment on people with disabilities
Effects of informal employment on older people
- There is unlikely to be state pensions.
Effects of informal employment on women
Elson & Pearson (1981)
Showed how globalisation led to many young women working in factories producing goods for exports.