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(Answered) Why Are Some Occupations Paid More than Others?


Why Are Some Occupations Paid More than Others?


Why Are Some Occupations Paid More than Others?Purpose of Assignment The purpose of this assignment is so students may look at the microeconomic data and other sources for better understanding of trends and determinants of the labor market. We will look at the microeconomic data and other sources for better understanding of trends and determinants of the labor market. The Bureau of Labor Statistics (BLS) website provides public with an easy access to different statistical tools and different types of data presentation. Assignment Steps Select one of the following surveys as a team, from the BLS Current Employment Statistics survey (National): Education and Health Services Employment - CES6500000001  Prepare and present a 5- to 8-slide Microsoft® PowerPoint® presentation-analysis.Include the following content in the presentation:What are trends in the labor market for the chosen labor group that you can identify for the last 10 years? Please provide the retrieved statistics.What factors affected the demand and supply for this labor group during the last 10 years? Research and report data available from Bureau of Labor Statistics (BLS) and other peer reviewed sources.Why do actors and actresses earn so much compared to the chosen labor group?Why do hedge fund executives earn so much compared to the chosen labor group?In addition to wages, what other factors influence an individual to choose one job over another?What jobs do you think have the best mix of salary and other characteristics that individuals care about?

 


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DATE ANSWERED

Jan 02, 2020

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