The Dual Labor Market theory suggests that the labor market is divided into two distinct segments: the primary and secondary markets. The primary market offers stable jobs with good wages, benefits, and opportunities for advancement, often found in large corporations or public sectors. In contrast, the secondary market consists of low-wage, unstable jobs with little to no benefits, typically in industries like retail or hospitality. This division can lead to significant disparities in job security and income. Workers in the primary market often enjoy better working conditions and career growth, while those in the secondary market face challenges such as job insecurity and limited upward mobility. Understanding this structure helps to analyze economic inequality and labor dynamics in society.