SOC227H5 Lecture Notes - Lecture 5: Main Source, Gender Pay Gap, Baby Boomers
Document Summary
Lecture 5 soc227 applied side to labor market. Two main perspectives explaining labor market inequality: human capital explanations economic/rational, labor segmentation explanations social/structural/geographical factors affecting jobs. Some principles of human capital perspectives on inequality mentions equal pay for all, equal access for all employees. People gaining more education invest in their human capital: some criticisms are that most jobs are acquired because of. Who people know, not what they know : also, some people have required levels of education but those certain people aren"t working needs explanations, studies show employers hire based on personal networks and not working abilities. Some segmentation perspectives on inequality focus on non-rational explanations of why certain people get jobs and others don"t. Most organizations have a core group full time working, good pay. On the the other hand there are disposable temporary workers. Internal labor market once you are in the organization, you have access to many other job/opportunities.
