What is the dual labor market?

Answer 1

The Dual labour market theory divides the economy into two parts, called the “primary” and “secondary” sectors.
The labor market consists of two tiers. Workers in the upper tier enjoy high wages, good benefits, and employment security, and they are often unionized. Workers in the lower tier experience low wages, high turnover, job insecurity, and little chance of promotion. Until now, dual labor market theory has focused mainly on microeconomic factors such as discrimination, poverty, and public welfare. Dual Labor Markets considers the macroeconomic implications of the dual market.

Hope this info helped1

Answer 2

A labor market in which there are several distincitve segments and there is a queue of qualified individuals willing to take less compensation for the same jobs.

Precieved or real economic discrimination could cause some people to accept less wages. as well as lower economic needs or desires, such as teens living at home and people with other sources of income (pension)