Differentiate between Informalisation and Casualisation of workforce ?
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Informalisation of Workforce
It implies a simultaneous fall in the percentage of workforce in the formal sector with a rise in the percentage of workforce of informal sector over a period of time.
Casualisation of Workforce
It implies a rise in the percentage of casually-hired workers in the total workforce over a period of time.
It implies a simultaneous fall in the percentage of workforce in the formal sector with a rise in the percentage of workforce of informal sector over a period of time.
Casualisation of Workforce
It implies a rise in the percentage of casually-hired workers in the total workforce over a period of time.
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Informalisation and Casualisation of workforce
Explanation:
- The informational is a situation where people tend to find employment more in unorganized i.e the informal sector and are less in the organized formal sector of the economy.
- The increase of this aspect in the workforce of India is due to the fact of the labor market rigidity and increase in the competition especially in the imports.
- While the casualization in work is the process by which the employee's shifts firm the full time to the contractual positions. And it signifies a rose on the casually hired total workers over the period of time.
Learn more about Informalisation and Casualisation of workforce.
- brainly.in/question/1085855 answered by SHRUTHIKA01.
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