How to escape the low-pay, low-productivity jobs trap

Informal employment often serves as a cushion for surplus labor in developing nations but at a cost: it can stunt skill development and economic resilience. This piece explores strategies to break free from low-pay, low-productivity jobs, emphasizing the importance of transitioning to more structured, skill-enhancing employment. Understanding these pathways is crucial for fostering economic growth and improving individual livelihoods, highlighting the broader implications for national economic health. For more detailed insights, check out the full article on the Financial Times website.