Why formal employment is not a guaranteed path to social equality
The theme of this year’s World Day of Social Justice is “Achieving Social Justice through Formal Employment”. Gaining access to formal employment can greatly reduce poverty. As it is, more than 60% of the working population in the world – 2-billion people globally – eke out a living in the informal economy. In theory, formal employment provides a more stable income, social protection and employment-related benefits. However, the reality is that many formal sector jobs are increasingly precarious and do not provide any of these benefits, meaning that formal work is...
Source: polity.org.za
