economy&work - Economy Work"Post-1965 migration in...

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"Post-1965 migration , in terms of skilled, unskilled migration of transnational workers  ( Pilipino  to America) self-employment issues the  Korean Americans  made. Has to do with  survival, making entity, what people bring over when they come from Asia. What type of  capital and skill background they have"     Korean immigrants nowadays are seen as entrepreneurs who open fruit and vegetable  markets, nail salons, dry cleaners, and fresh fish stores When Korean immigrants first moved to America, they experienced rapid economic  mobility through self-employment, just like the Jewish immigrants o They were also being touted as "model minorities - if an individual works hard  enough, delays gratification, makes sacrifices, and most of all perseveres, he or she  can make it too" and a symbol that American dream is alive.  When the Koreans first move to America, they viewed U.S. as a route to mobility  because they serve as 'human capitals' to the US because of their educational attainment  and occupational skills But once they get here, they realize that they can't work for the same profession, thus  they turn to self-employment With this in mind, they search for resources such as human, economic and wealth  capitals, leading up to loaning and rotating credit associations With money on hand, the Koreans enter the inner city because there is little competition,  cheap rent, since they don't have to cater to the sophisticated riches, their language barriers 
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This note was uploaded on 05/20/2008 for the course AAS 20B taught by Professor Dong during the Spring '08 term at Berkeley.

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economy&work - Economy Work"Post-1965 migration in...

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