Several of the U.S. occupations that are projected to have the fastest job growth during the decade of the 2020’s are in either the medical or the renewable energy sectors of the economy. For example, the Federal Bureau of Labor Statistics (BLS) projects that “wind turbine service technicians” will be the fastest growing occupation during the decade, with an expected growth rate of 64% after 10 years. “Solar panel installers” is projected to be the third-fastest growing occupation, with an expected growth rate of 51% . Meanwhile, “nurse practitioners” ( projected growth), “occupational therapy assistants” (35% projected growth), and “home health and personal care aides” (34% projected growth) are all among the six occupations projected to grow the fastest. what was the overall percent increase in the median salary for solar panel installers after three full years? Round your answer off to the nearest whole percent.
Several of the U.S. occupations that are projected to have the fastest job growth during the decade of the 2020’s are in either the medical or the renewable energy sectors of the economy. For example, the Federal Bureau of Labor Statistics (BLS) projects that “wind turbine service technicians” will be the fastest growing occupation during the decade, with an expected growth rate of 64% after 10 years. “Solar panel installers” is projected to be the third-fastest growing occupation, with an expected growth rate of 51% . Meanwhile, “nurse practitioners” ( projected growth), “occupational therapy assistants” (35% projected growth), and “home health and personal care aides” (34% projected growth) are all among the six occupations projected to grow the fastest.
- what was the overall percent increase in the
median salary for solar panel installers after three full years? Round your answer off to the nearest whole percent.
Let the current median salary for solar panel installers = x
Provided that “Solar panel installers” is projected to be the third-fastest growing occupation, with an expected growth rate of 51%
Growth Rate = 0.51
Growth factor = 1 + 0.51 = 1.51
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