What is informalisation of workforce? Please explain briefly

Dear Student,
Informalisation of workforce refers to a situation where there is a continuos decline in the percentage of workforce in the formal sector along with simultaneous rise in informal sector’s workforce. (Informal sector
is the unorganised sector of the economy that includes all private enterprises hiring less than 10 workers, besides farming and self-employment ventures).
Broadly defined, the informalization of the labour market represents
a situation in which the ratio of the informal labour force to the formal labour force or the share of the informal labour force in the total labour force—increases over time.
Regards

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