Assignment

Why Are Some Occupations Paid More than Others?

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

Retrieve and save a Microsoft Excel file and the graphs to your desktop for analysis. You will have to check the "include graph" box along the top of the page to see the graph, and you will need to copy and paste the graph separately into your Microsoft Excel document.

Tutorial help on Excel and PowerPoint functions can be found on the Microsoft office website. There are also additional tutorials via the web that offer support for office products.

Consider the following two articles, located in the Week 4 Electronic Reserve Readings, discussing actor salaries and hedge fund executives' average salaries:

• "Robert Downey Junior is Hollywood's Highest-Paid Actor"
• "In Tough Year, Hedge Fund Leaders Still Paid Well: Average Salary of $467M Was Half 2013, Report Says"

Online Classes: Prepare and present a 2slide Microsoft PowerPoint presentation-analysis.

Include the following content in the presentation:

• What jobs do you think have the best mix of salary and other characteristics that individuals care about?

Cite a minimum of three peer-reviewed sources, not including the textbook and required economic data.

Format consistent with APA guidelines.