INCREASING YOUR HUMAN CAPITAL

A Basic Explanation

WHAT IS HUMAN CAPITAL?

In an economic sense, Human Capital is the abilities and skills of an individual, especially those acquired through investment in education and training, that will enhance their potential income earning.

STRENGTH OF HUMAN CAPITAL

The strength of human capital is judged according to the stability of a person’s job and their ability to find work regardless of current economic conditions.

The operative question is: Can this person’s skills be marketed across several industries?

For example, if a person is a mortgage broker, his/her immediate job security is tied to the real estate industry. This may constrain his/her human capital because his/her job options are limited to a single industry. However, if the person is a financial analyst, he/she might be able to find a job in any economy in any industry (not only finance). View more info at: http://www.consumerismcommentary.com/your-human-capital/#sthash.FnJMJvdR.dpuf