Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Economics Expert

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): 

  • Goods-producing Employment - CES0600000001
  • Construction Employment - CES2000000001
  • Manufacturing Employment - CES3000000001
  • Trade, Transportation, and Utilities Employment - CES4000000001
  • Retail Trade Employment - CES4200000001
  • 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 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?

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

*We have selected Goods-producing Employment - CES0600000001

And I have to answer the following question: What jobs do you think have the best mix of salary and other characteristics that individuals care about?

Can you help me answer my question?

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M92321572
  • Price:- $20

Priced at Now at $20, Verified Solution

Have any Question?


Related Questions in Business Economics

Suppose another variable x is continuous and its pdf isfx

Suppose another variable X is continuous and its pdf is: f(x)= (x^3 + x^2 - 2/3x + .75)    0 For this question, you may take our word that f(x) is greater than or equal to zero for all values of x in the domain. Prove th ...

You are interested in comparing perceptions of police

You are interested in comparing perceptions of police officers by race (African American, Hispanic/Latino, White) in Phoenix. You have collected data from a sample of Phoenix residents and asked them to make a survey tha ...

Can you please assist with this the stock price

Can you please assist with this. The stock price distribution is skewed to the right. The mean is $5 and the standard deviation is $6. At least what proportion of prices is located between 1.5 standard deviations. Hint: ...

Suppose a bond with no expiration date has a face value of

Suppose a bond with no expiration date has a face value of $10,000 and annually pays a fixed amount of interest of $900. a. In the table provided below, calculate and enter either the interest rate that the bond would yi ...

Couriers such as ups and fedex complete on service and

Couriers such as UPS and FedEx complete on service and price. One way to reduce cost is to keep labor cost low by hiring and laying off workers to meet the demand. This strategy requires managers to hire and train new wo ...

A us electronics rm is considering moving its production to

A U.S. electronics ?rm is considering moving its production to a plant in Mexico. Its estimated production function is q = L0.5K0.5. In the U.S., the wage, w is ten dollars, and the cost of capital, r is also ten dollars ...

Consider the following cournot oligopolythere are two

Consider the following Cournot oligopoly: There are two identical firms in the industry, which set their quantities produced simultaneously. The two firms face a market demand curve, Q = 120 - P, in which Q = q1 + q2. Ea ...

A 1000 utility bond with 14 years remaining before maturity

A $1000 utility bond with 14 years remaining before maturity can now be purchased for $760. It pays interest of $20 each 6-month period. What rate of return is earned by purchasing the bond at the current market price pl ...

The cost of a starbucks grande caffe latte varies from city

The cost of a Starbucks Grande Caffe Latte varies from city to city. However, the variation among prices remains steady with a standard deviation of $0.26. A research was done to test the claim that the mean cost of a St ...

The abc movie theater has 300 seats in a typical month 25

The ABC movie theater has 300 seats. In a typical month, 25 percent of the seats are sold. The price elasticity is estimated to be -0.9. The price of a ticket is $8.00. The manager wants to increase the attendance to 30 ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As