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This generation of workers were brought up in the shadow of the influential Boomer generation and as a result, are independent, resilient and adaptable. In contrast to the Baby Boomers who live to work, this generation works to live and carry with them a level of cynicism. [6] [10] They prefer freedom to manage their work and tasks their own ...
Occupational inequality greatly affects the socioeconomic status of an individual which is linked with their access to resources like finding a job, buying a house, etc. [4] If an individual experiences occupational inequality, it may be more difficult for them to find a job, advance in their job, get a loan or buy a house.
USA Today reported that younger generations are "entering the workplace in the face of demographic change and an increasingly multi-generational workplace". [15] Multiple engagement studies show that the interests shared across the generation gap by members of this increasingly multi-generational workplace can differ substantially. [16]
During the 1970s and 80s the scholarly community debated the link between geographical location and wage inequality. Following urban-dominated studies and shifting research based on evolved conceptual and study-driven thinking, sociologists determined that the racial composition of a local population affects racial wage inequality.
The wage disparities between African American and Caucasian workers is a substantial expression of racial discrimination in the workplace. The historical trend of wage inequality between African American workers and Caucasian workers from 1940s to 1960s can be characterized by alternating periods of progress and retrenchment.
Owen M. Zidar (born 1985) is an American economist and academic. He is a professor of Economics and Public Affairs at the Princeton University Department of Economics and Princeton School of Public and International Affairs [1] as well as a Research Associate at the National Bureau of Economic Research.
While writing Generations, Strauss and Howe described a theorized pattern in the historical generations they examined, which they say revolved around generational events which they call turnings. In Generations, and in greater detail in The Fourth Turning, they describe a four-stage cycle of social or mood eras which they call "turnings". The ...
The Pew Research Center's analysis of 2009 government data says the median wealth of white households is 20 times that of Black households and 18 times that of Hispanic households. [15] In 2009 the typical Black household had $5,677 in wealth, the typical Hispanic had $6,325, and the typical white household had $113,149. [ 15 ]