The dual labor market is a theory that separates the economy into primary and secondary sections. Dual labor market tries to explain the inequality in the labor market. Primary jobs are high paying, great working conditions, and good chances of advancement. Secondary jobs are high turn-over, low paying, poor working conditions, and little chance of advancement. This theory tries to understand the
. relationship between the two sectors. The dual labor market theory is a basis for defining unemployment and job losses in the economy.
