ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Livelihood Volatility in the Urban Labour Market

This paper aims at capturing the labour market volatility, which is conceptualised in terms of the lack of sustainable sources of livelihood across different quarters in a year. Though we were unable to identify the number of times workers change their jobs, the change in the job status, which cannot occur unless the job changes, unravels important findings as retrieved from the repeated survey of the same households over different quarters. The results bring out the vulnerabilities of the lower castes, illiterates, and those belonging to large households. The urban informal economy is indeed faced with income volatility, which is connected to employment instability.

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