SOC224H5 Lecture Notes - Lecture 9: Human Capital, Credentialism And Educational Inflation, Human Nature
Document Summary
Lecture 9-8th november, 2016 neighbourhoods having a predominant aspect of ses. Learning the skills required for labour market but he thinks the piece of paper matter and that is more important. New trend: underemployment - the one who is overeducated, more education than required. Unnecessary credentials jobs start to require credentials that you used to never have, the job itself is not changing but additional credential is required to continue what you are doing. Professionalization essentially when an occupation raises its standard, raises prestige by requiring additional credential has to have particular credentials, stronger push ad emphasis towards credentials. Credential inflation is a process where by the labor market continually encourage people to get more and more credentials. Supply side of things, there is worker and there is competition and try to do better in the labor market. When employers use credentials as a screening to device: filtering mechanism, employers use credentials as a screening device.
