The Precarious New World of "Informal" Jobs

Blog post: The Precarious New World of "Informal" Jobs, by Klaus F. Zimmermann,

A new specter is haunting the world economy — the specter of informality. The term describes people working either in informal arrangements with employers or in irregular self-employment occupations, but in either case without employment security or social security. Until a few years ago, any mention of that word pretty much implied that one was talking about the developing world.