Final answer:
An employee with high education and experience is perceived to have high levels of human capital. Human capital deepening in an economy is more about increasing education levels than work experience. Education is a key investment that can increase productivity and earnings.
Step-by-step explanation:
An employee who has high levels of education and experience would be perceived as having high levels of human capital for their role in the company. The human capital of an individual is made up of their knowledge, skills, experience, and education. The term "human capital deepening" refers to the increase in the average level of education and training within an economy or organization, rather than just an increase in the number of workers or the aggregate level of work experience.
Historical data demonstrates that the proportion of the U.S. population with a high school and college degree has been increasing since the 1970s, indicating a deepening of human capital based largely on educational attainment. Investing in human capital through education is expected to raise an individual's productivity and earning potential. Additionally, employers often use education levels and qualifications as a means of pre-screening job candidates, associating higher education with desirable attributes like hard work and ability.