Informal labour markets
- Group(s): Labour Markets Key Terms
Also known as the “grey” market, shadow economy, or black economy. This is the part of the economy that is not taxed or regulated by government, and therefore does not feature in the GDP statistics for that country. People working in the informal labour market are likely to be paid in cash, and may undertake work such as domestic cleaning / gardening, babysitting, car-washing and is characterised by unstable employer-employee relationships. Informal work is often vitally important to the poor.
From the Reference Library
CPD Course Resource Packs
Entire delegate resource packs from tutor2u's renowned professional training courses
Get your copy of the superb series teaching & learning resources (print and digital) provided to delegates on the recent tutor2u Teaching Labour Market Economics at A Level course.
£75.00 (+VAT Free Shipping)
Exam-style extracts and mark schemes for practising synoptic exam questions in A Level Economics
This synoptic investigation provides an opportunity for A Level Economics students to explore an exam-style case study on the gig economy and the concept of good quality work.
From the Blog
27th July 2017
11th July 2017
12th April 2017
- A Level Economics Grade Booster Workshops
Our A Level Economics Grade Booster workshops are designed to provide essential revision support to all A Level Economics students as they complete their preparation for the three terminal papers...
- A Level Economics Flying Start Student Workshops
Designed to support Year 12 students in the first year of taking A Level Economics, our Flying Start Student Workshops focus on the core Year 1 teaching content and aim to build...
Head of Economics and Business 4 days left to apply
Pangbourne College, PangbourneNew
Frensham Heights School, Nr Farnham, Surrey
AQA, Home based
- Browse all jobs ›