informal job defination and example
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Major occupations in the informal sector include home-based workers (such as dependent subcontract workers, independent own account producers, and unpaid workers in family businesses) and street vendors, which both are classified in the informal sector.
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- Informal jobs are those that do not have any formal contract and is many seen in the unorganized sector where work and payments are done on the basis of verbal agreements without any obligations on either side. They are jobs mainly taking place with the daily labourers whose wages are paid on a daily basis.
- Example: Major occupations in the informal sector include home-based workers (such as dependent subcontract workers, independent own account producers, and unpaid workers in family businesses) and street vendors, which both are classified in the informal sector.
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