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Growth of Employment, Casualisation and Informalisation Video Lecture - Commerce

FAQs on Growth of Employment, Casualisation and Informalisation Video Lecture - Commerce

1. What is the growth of employment in commerce?
Ans. The growth of employment in commerce refers to the increase in the number of jobs and employment opportunities within the commerce sector. This growth can be measured by looking at factors such as the number of new businesses opening, the expansion of existing businesses, and the overall demand for workers in commerce-related fields.
2. What is casualisation in the context of employment?
Ans. Casualisation of employment refers to the increasing trend of employers hiring workers on a casual or temporary basis, rather than offering them permanent or full-time positions. Casual workers often have less job security, fewer benefits, and more irregular working hours compared to their permanently employed counterparts.
3. What is informalisation in the context of employment?
Ans. Informalisation of employment is the process by which jobs and work arrangements become more informal and unregulated. Informal workers typically lack social protection, benefits, and legal rights that are commonly associated with formal employment. This can include self-employed individuals, day laborers, and workers in the informal sector.
4. What are the implications of casualisation and informalisation on the workforce?
Ans. Casualisation and informalisation of employment can have several implications for the workforce. Workers in casual or informal jobs may face lower wages, limited access to social security, and a lack of employment benefits. They may also experience greater job insecurity and have less bargaining power compared to those in formal employment. Additionally, casual and informal workers may have limited opportunities for skill development and career advancement.
5. What are some strategies to address the issues of casualisation and informalisation in commerce?
Ans. To address the issues of casualisation and informalisation in commerce, several strategies can be implemented. These may include strengthening labor laws and regulations to provide better protection for casual and informal workers, promoting social dialogue between employers and workers, and implementing policies that encourage the formalization of informal jobs. Additionally, providing access to training and skill development programs can help improve the prospects of casual and informal workers in transitioning to more secure and formal employment.
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