SOCIOL 2GG3 Lecture Notes - Lecture 9: Human Capital Flight, Soft Skills, Knowledge Economy

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Document Summary

Key concepts: age cohort, apprenticeship program, brain drain, brain gain, default individualization, developmental individualization, emerging adulthood, experimental learning, forgotten half, gappers, horizontal mismatch. Intangible assets: job-education mismatch, opportunity cost, knowledge economy, second chancers, soft skills, tangible assets, vertical mismatch. Young adults living with parents: our grandparents use to be out of the house and had their own family at 20 years old, we are stay. Transition to adulthood: 5 stages (make you more independent and an adult, completing education, leaving parent home, completing a year of full-time employment, entering a spousal/conjugal partnership, having kids, blame the kids or the structure. Increased age of transition mainly tied to amount of time spent in education: structure vs. agency. Independence: tends to occur earlier for women than men, education preceding marriage (happens before marriage) Individuality: passive vs. strategic transition mapping, blurred lines , number of modern educational paths compared to past generations, a lot of choices to make about your pathway.

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