Miguel Franco T.

Dimayacyac IV BS LM

Bromley (1978) defines informal labor as unregulated and competitive markets where workers can enter easily; it relies on indigenous resources; family ownership of enterprises, small scale of operation with labor intensive and adapted technology; and labor skills acquired outside the formal school system. Thus following the definition provided, some examples of sectors involved in informal labor are tricycle drivers, market vendors, to some extend salespeople, janitorial services and vehicle maintenance crew. For me, the informal labor sector is the backbone of our society because without it, our society would literally grind to a halt because it is this sector that ensures that everything is in order and running smoothly. An economy without an informal labor sector would seem impossible considering our current market structure someone has to do the dirty work. The major issues that the informal labor sector is facing are, among others: increasing marginalization, disenfranchisement, unfair labor practices, and oppression. These are the usual issues because a part of our society sees the informal labor sector as the lowest part of our society. While this may be true in an economic sense, this sector makes it possible for the formal labor sector to exist in the first place.

Work Cited

Bromley, R. (1978). The urban informal sector: why is it worth discussing? World Development, 6, pp. 1033-1039.

Miguel Franco T. Dimayacyac IV BS LM

Pentagon Asset I. Human Capital a. The people in the area seem to be healthy and none of them face malnutrition or any indication of deformities b. They access the necessary resources through face-to-face contact with the people we serve. c. Based on my observation, people in the area are aware of their basic rights. Moreover, they are well-informed with the policies and legislations that directly affect their livelihood because they are notified in writing of such notice. Natural Capital a. They have access to air and water, but as for water, it is coursed through an intermediary agent. b. Water is controlled and is made available through an intermediary agent c. There are no more. Financial Capital a. The people in the area are not the lowest in the economic strata. They have some financial buying power. b. I observe that some of them have savings, while a few have some debt. c. I havent noticed any. Physical Capital a. The main infrastructure they are using is a flyover that serves as a shelter for them. b. It is immediately available. Social Capital a. Some perceive as the workplace as harsh. However, as I get used to the workplace, it is not as bad as I hear. The relationships I developed with my fellow workers are highly professional. b. They are all members of KKJODA c. I have no knowledge regarding rules in the area,

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