Wednesday, December 11, 2019

Odds of Earning a Career

tion: "Whose odds are better at earning a career in their profession ---a person who wishes to become a professional athlete in one of Major League Baseball, National Basketball Association, National Football League or National Hockey League or a person who wishes to become a Medical Doctor in Canada or the United States?". Answer: Introduction Professional athletes have a deep rooted role in the society. They are considered to be the modern ay heroes and are idolized by the aspiring young athletes. We can say that the purpose of the business in sports is for entertainment. But the role of medical doctor is to perform miracles in real life. They are considered to be the real heroes by saving lives of people. In a society the phenomenal works of a doctor or a surgeon is left ignored because people are often obsessed with being entertained. It is evident from surveys and studies that the works of a doctor or a surgeon is much more strenuous and laborious for a medical doctor than professional athletes. (Directessays.com, 2015) Odds Of Earning A Career Let us suppose the prospect of a person who wants to become a professional athlete either in Major League in Baseball or in National Basketball Association or National Football league or National Hockey League in the United States. United States Employment-to-Population ratio for persons aged 15-64 years for the year 2014 was 59.2% (Data.bls.gov, 2015) Employment-population ratio (percent) in The United States 2014(Stats.oecd.org, 2015) Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2014 58.8 58.8 58.8 59.0 58.9 58.9 59.0 59.0 59.0 59.2 59.2 59.2 Source: U.S. Bureau of Labor Statistics The data and the chart reveal that The US has witnessed an upward trend in the employment-population ratio but for January 2015 the rate is around 59.2 per cent. But the structure of the employment and the distribution of occupation is something that is question. Now coming back to the occupation in sports, for a high school player or a college player to play these sports professional is in question. The NCCAs official estimates regarding athletes in six major sports reveal that only in Baseball more than 2% of NCAA players go professional. Here are the relevant statistics: (Manfred, 2012) Sports College Players High School Players Baseball 11.60 0.6 Football 1.7 0.08 Men's Ice Hockey 1.3 0.1 Men's Basketball 1.2 0.03 Men's Soccer 1 0.04 Women's Basketball 0.9 0.03 Source: Business Insider The only distinguishing feature in this data is that baseball is the only sport where the count for professionalism is high for the college players. Now let us analyze the odds for becoming a doctor in the US. The US Bureau of Labor Statistics has project a growth in the employment of doctors, physicians and surgeons by 18 percent from 2012 to 2022. The primary reason for such growth is the expansion in the healthcare industries. The employment in 2012 was 691,400 and the projected employment for 2022 is 814,700. (Bls.gov, 2015) A study depicted that around 0.25 percent of all people in the US are doctors. But the aspiration of becoming a doctor is quite high right from elementary school which can be around 10-30 percent of all people. But however the percent drops with changing preference of occupation to around 2.5% so it can be said that around 0.8 percent to 2.5 percent of all people really become a doctor. (Facts, 2015) Conclusion Thus, whose odds are better depends upon the job openings and the occupational scenario. When most parents want their children to pursue medical courses, there are few parents who actually let them children be professional athletes. But aspiring to be a professional athlete and to turn the dream into reality is portraying a different picture. Economically, an athlete has a sound career but with the expansion of the health industries the prospect of becoming a doctor has opened up. References Bls.gov, (2015).Physicians and Surgeons : Occupational Outlook Handbook: : U.S. Bureau of Labor Statistics. [online] Available at: https://www.bls.gov/ooh/healthcare/physicians-and-surgeons.htm#tab-6 [Accessed 26 Feb. 2015]. Data.bls.gov, (2015).Bureau of Labor Statistics Data. [online] Available at: https://data.bls.gov/timeseries/LNS12300000 [Accessed 26 Feb. 2015]. Directessays.com, (2015).Essay on Professional Athletes vs. Doctors and Surgeons. [online] Available at: https://www.directessays.com/viewpaper/100384.html [Accessed 26 Feb. 2015]. Facts, U. (2015).Topic: Physicians. [online] www.statista.com. Available at: https://www.statista.com/topics/1244/physicians/ [Accessed 26 Feb. 2015]. Manfred, T. (2012).Here Are The Odds That Your Kid Becomes A Professional Athlete (Hint: They're Small). [online] Business Insider. Available at: https://www.businessinsider.com/odds-college-athletes-become-professionals-2012-2?IR=T#baseball-116-of-college-players-play-professionally-06-of-high-school-players-do-1 [Accessed 26 Feb. 2015]. Stats.oecd.org, (2015).LFS by sex and age - indicators. [online] Available at: https://stats.oecd.org/Index.aspx?DatasetCode=LFS_SEXAGE_I_R [Accessed 26 Feb. 2015].

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