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The churn
The Bureau of Labor Statistics presents a forecast of occu- pations with the largest job decline and the largest job growth. Examine the tables at www.bls.gov/emp/emptab4.htm (for the largest job decline) and www.bls.gov/emp/emptab3.htm (for the largest job growth).

a. Which occupations in decline can be linked to technological change? Which can be linked to foreign competition?

b. Which occupations that are forecast to grow can be linked to technological change? Which can be linked to demographic change-in particular, the aging of the U.S. population?

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M91574665

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