Labor Informality in Curaçao: Analysis from the Labor Force Survey 2014–2015
Labor informality comprises persons owning informal businesses as well as people who work under informal conditions in formal or informal businesses. The size of labor informality in Curaçao, measured through labor force surveys, was 32.5 percent (95% confidence interval [CI] 30.6–34.4%) of the employed population in 2014 and 32.6 percent (95% CI 30.6–36.0%) of the employed population in 2015. The proportion of men and women engaging in labor informality was fairly equal in both years. The median age of those engaging in labor informality was lower than those working under formal conditions, but this difference in age was statistically not significant. Furthermore, data of the LFS showed that the majority of the employed youth population (15–24 years); the majority of the persons who have an elementary education as their highest level of education; the majority of the persons having an elementary occupation (unskilled workers); and the majority of persons who earned NAf. 1,000 (Netherlands Antillean guilder) per month or less worked under informal conditions in 2014 and 2015.