Question
Economics Question on Labor Economics
The distribution of workforce in different sectors indicates that over the last five decades (1972-2018), people have moved from self-employment and regular salaried employment to casual wage work. What is this process called?
A
Informalisation of workforce
B
Regularisation of workforce
C
Formalisation of workforce
D
Casualisation of workforce
Answer
Casualisation of workforce
Explanation
Solution
The trend of moving from regular salaried jobs to casual or temporary work is called casualisation of the workforce.