Sociology A100 Lecture Notes - Lecture 25: Human Capital, Occupational Segregation, Talcott Parsons

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Gender wage gap: difference between earnings of women who work full-time year round as a group and men who work full-time year round as a group. On average, women working full-time, year round earn 80% of what men earn. Occupational segregation by gender: concentration of men and women in different occupations. The economic system is fair and competitive. Wage discrepancies: reflect differences in the resources (or human capital) that individuals bring to their jobs. This theory argues that labor market pay rates are affected by: age, prior experience, number of hours worked, marital status, and education will affect performance. Argues that women and men earn different amounts because they tend to work in different segments of the labor market. They see the labor market as organized in two different sectors: In the primary labor market, jobs are stable, wages are good, advancement, benefits exist and workers are afforded due process. Tier one: comprised of top level executive and professional positions.

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