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... > social science subjects > business and management > sociology of work > sociology of work encyc > theories of work and economy key concepts > dual labor markets
... > social science subjects > sociology > sociology of work > sociology of work encyc > theories of work and economy key concepts > dual labor markets

Preferred term

dual labor markets  

Definition

  • The concept of dual labor markets refers to the division of the economy into two basic segments that operate according to different principles, with little mobility between them. The primary segment consists of good jobs that pay relatively high wages and provide comparatively good working conditions, high opportunities for advancement, and especially employment stability. [Source: Sociology of Work: An Encyclopedia; Dual Labor Markets]

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https://concepts.sagepub.com/social-science/concept/dual_labor_markets

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