ROLE OF INFORMAL ECONOMIC SECTOR IN IMPROVING YOUTH LIVING CONDITIONS: THE CASE OF WOLKITE TWON, CENTRAL ETHIOPIA.

Abstract

Deferent researchers were conducted research related to that of informal sector. But, failed to indicate the conditions of the role of informal economic sector in improving youth living, so this research was conducted to assess the role of informal economic sector in improving youth living conditions. The research method, we use both mixed research approach and the research design used descriptive survey design. The study used purposive sampling techniques which is a probability and none probability sampling technique and the questionnaires is distribution for 71 respondents by purposive sampling techniques. Both primary and secondary data were used in this study for the gathering of information. The primary data was collected from business owners in the informal sector, from selam ber kebele, by means of Questionnaire, interview. The secondary data was collected by reviewing secondary sources. The collected data was presented by using tables, and percentage. Finally Based on the research finding the researchers was made recommendations to the various bodies in order to improve the proper utilization of informal economic sector in improving youth living conditions. Based on the findings of the study, the result of the study signifies as the sector had a potential positive impact for improving living condition through self-employment, income generation. However, lack of provision of training and access of credit are the main factor that affects the sector. Therefore, the concerning body should be pay a considerable attention to the sector. It provides jobs and reduces unemployment, but in many cases the jobs are low paid and the job security is poor.