Macroeconomics 5th Edition by Olivier Blanchard

Exercise 5

The churn
The Bureau of Labor Statistics presents a forecast of occupations with the largest job decline and the largest job growth. Examine the tableranninv.bls.grw/emp/ emptab4.htm (fur 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
c. Compare the educational requirements (the last column of the tables) for the occupations in decline and on the rise. Can you see evidence of the effects of technological change
d. Another development in the U.S. labor market is the increased use of temporary workers. How does this phenomenon fit with the educational requirements occupations in decline and on the rise