Overview
Intergenerational job mobility is a vital concept that examines how individuals can change their job status compared to their parents. It highlights the importance of various factors such as education, economic background, and social networks in determining one's opportunities in the job market. Und...
Key Terms
Example: A person moving from a low-income family to a high-income job.
Example: Wealthy, middle-class, or poor.
Example: Intergenerational wealth transfer.
Example: High employment opportunities in tech industries.
Example: Income levels used to measure job mobility.
Example: Scholarships that allow low-income students to attend college.