Why do so many people work in the informal sector?

Many people work in the informal sector due to a lack of formal job opportunities and economic instability in their regions. The informal sector often provides immediate income without the barriers of formal employment, such as lengthy hiring processes or qualifications. Additionally, individuals may prefer the flexibility it offers, allowing them to balance multiple jobs or family responsibilities. Lastly, in some areas, informal work is a response to regulations or taxes that make formal employment less attractive or viable.