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matrenka [14]
2 years ago
8

This site shows the occupations with the highest expected growth rates over the period 2014 - 2024. Which occupation is expected

to grow at the highest percentage increase? Is this occupation also expected to have the largest increase in the number of jobs?
Business
1 answer:
nikdorinn [45]2 years ago
5 0

Answer:

Occupation w/Highest Growth % Increase = Healthcare Support Occupations (Nurses/Medical Aide, Massage Therapists, Medical Equipment Preparers, etc.) with an expected increase of 28.1%

Occupation w/Largest Increase In Jobs = Equipment Technician with a job growth rate between 60% - 70%; whereas Nurse Practitioners are rated as the 4th highest job growth rate of 52%.

Explanation:

<u><em>Projected industry employment is distributed among occupations based on how industries are expected to use those occupations.</em></u>

- Of the 30 occupations projected to have the largest percentage increase between 2012 and 2022, 14 are related to healthcare and 5 are related to construction.

- The 30 occupations with the largest projected increase in employment from 2012 to 2022 will account for 7.4 million new jobs, almost half of the total projected employment growth.

- Four major occupational groups are projected to grow more than 20 percent—nearly double the overall growth—from 2012 to 2022: healthcare support occupations (28.1 percent), healthcare practitioners and technical occupations (21.5 percent), construction and extraction occupations (21.4 percent), and personal care and service occupations (20.9 percent). (See chart 2.)

Every major occupational group except farming, fishing, and forestry occupations is projected to gain jobs between 2012 and 2022. (See chart 2.)

<u><em>Top Five Occupations with Large Job Growth Rate</em></u>

1. Motion picture projectionists (Equipment Technician)

2. Wind turbine service technicians (Equipment Technician)

3. Ushers, lobby attendants, and ticket takers (Hospitality Attendant)

4. Nurse practitioners (Healthcare Support)

5. Solar photovoltaic installers (Equipment Technician)

Source - The U.S. Bureau of Labor Statistics (BLS)

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Answer:

1. Stock markets reflect all available information about the value of stocks AND

2. Changes in stock prices are impossible to predict.

Explanation:

The characteristics that are consistent with the efficient markets hypothesis are that

1. Stock markets reflect all available information about the value of stocks

<em>By definition efficient markets are those whose asset prices reflect all available information.</em>

2. Changes in stock prices are impossible to predict.

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It is also known as the real cost. When the wants are listed in a scale of preference in the order of priority, the limited resources is used to satisfy the first item on the list while the next unfulfilled want is the opportunity cost.

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