What is Dual Labour Market? | Meaning & Definition | Akrivia HCM

A dual labour market refers to the separation of working conditions and social relations between two categories of workers. The categorization may be based on skill level, age, geographical location, or another qualitative grouping. Particular labor market dynamics follow from this categorization, which, in turn, influence a firm’s business decisions regarding allocating its human capital.

Let’s Recruit, Reward, and Retain
Your Workforce Together!

Request a Demo
Request a demo image