SOSC 1510 Lecture Notes - Lecture 2: Sleep Deprivation, Job Sharing, Government Spending
26 Oct 2016
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Document Summary
Nonstandard jobs are less likely to be considered good jobs. The idea job is full time, full year, and permanent, providing steady income and security. Income in service industries are typically lower than in the goods-producing industries. The large and growing service sector contains both lower-tier and upper-tier services, with many better-paying jobs in the latter. More variation in employees income within the service sector than within the goods-producing sector. More women females have invested in higher education resulting in better-paying jobs. Gender biased hiring and promotion practices affect the female-male earnings ratio low-income cutoff = poverty line. Hourly wage rates in blue collar occupations are typically at least twice as high as the minimum wage. Job growth stalls as economy fails to generate sustained employment growth. Government spending restraint is holding back job creation in canada. Employment provides income, a sense of identity and helps to structure day-to-day life.
