The Dual labour markets theory is the division of the economy into two parts. These are the primary sector and the secondary sector. The division is based on the skills, expertise, wages, etc. Those belonging to the primary sector are the workers who have high wages, are skilled, have employment security and even get more benefits in their jobs as compared to the ones in the secondary sector. The workers in the secondary sector are less provided in all the aspects starting from the wages to the job security or benefits. These are the unskilled workers who don’t have many chances of promotion. The secondary sector workers don’t even have an organized union like the primary sector workers. The term of employment in the secondary sector is mostly short term.
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