What Is The Informal Labor Market?
from the St Louis Fed
– this post authored by Paulina Restrepo-Echavarria, Economist, and Maria A. Arias, Senior Research Associate
Although often associated with developing countries, illicit activities or undocumented workers, the informal labor market is much broader than many would imagine. In fact, people from all walks of life participate in a wide array of legitimate business ventures that are part of the informal economy. So, how big is the U.S.’s informal labor market, and who participates in it?
Source: http://econintersect.com/pages/contributors/contributor.php?post=201704240555
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