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Individuals who are paid by someone in exchange for labor and service are referred to as wage laborers.
Someone whose principal source of income is working for a wage is called a wage laborer. Workers who perform tasks for a wage receive compensation from their employers. They sell their services on an informal contract that stays between the employers and the wage employees. These exchanges occur in the labor market, where the price of the payment is established by the market. Individuals whose principal source of income is earned via the exchange of their labor for monetary compensation are referred to as wage laborers. Wage laborers are only hired in situations where unskilled tasks have to be performed.
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