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Answer: Formal jobs typically refer to employment positions that are structured, regulated, and governed by official agreements or contracts between employers and employees. These jobs often come with legal protections, benefits, and clear terms of employment, such as regular working hours, fixed wages, and access to social security benefits.

On the other hand, informal jobs are characterized by a lack of formal agreements or legal protections. They often involve irregular or unpredictable work hours, low wages, and limited access to benefits like healthcare or retirement plans. Informal jobs may include temporary or part-time work, freelance gigs, or jobs in the informal economy where workers may not have legal recognition or protection.

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