SOC101Y1 Lecture Notes - Stelco, Statistical Hypothesis Testing, Status Attainment
Document Summary
Those with the most education, training and experience. Supply-side perspective (economic view point(based on the premise of rational choice, cost and benefits, what workers bring into the labour market) Job rewards (pay/benefits) are determined through economic contributions to the economy. Job information transparency: assumes everyone is competition for jobs in one unified single market (job openings are open to everyone) Critique of its assumptions: assumption of rationality, presumes individuals make free choices based on human capital, but there are structural constraints, presumption of access to information (social networks is not part of human capital) Critique of its emphasis: ignores the demand side, overlooks social relationship between groups, demand size: the characteristics of labour market, of jobs, the class structure, gender and race structure. Overlooking the fact that certain employers have preference over certain employees. Employer demand for certain workers in certain jobs. Social inequalities between workers of gender or race. The role of non-economic forms of capital.
