Tuesday, April 14, 2009

Total Job Openings

Service occupations are projected to have the largest number of total job openings, 12.2 million, and 60 percent of those will be due to replacement needs. A large number of replacements will be necessary as young workers leave food preparation and service occupations. Replacement needs generally are greatest in the largest occupations and in those with relatively low pay or limited training requirements.

Professional and related occupations are projected to be one of the two fastest growing major occupational groups, and are expected to add more jobs than any other major occupational group, about 5 million, by 2016. However, the majority of job openings are expected to come from more than 6 million replacements.Office automation will significantly affect many individual office and administrative support occupations. While these occupations are projected to grow about as fast as average, are.

Production workers are employed mainly in manufacturing, where they assemble goods and operate plants. Production occupations are expected to decline by 4.9 percent, losing 528,000 jobs by 2016. Some jobs will be created in production occupations, mostly in food processing and woodworking.

Metal workers and plastic workers; assemblers and fabricators; textile, apparel, and furnishings occupations; and other production workers will account for most of the job loss among production occupations.aides, personal and home care aides, and computer software application engineers—also are projected to be among the 20 occupations with the largest numerical increases in employment

Education and Training

For 12 of the 20 fastest growing occupations, an associate degree or higher is the most significant level of postsecondary education or training. On-the-job training is the most significant level of postsecondary education or training for another 6 of the 20 fastest growing occupations. In contrast, on-the-job training is the most significant level of postsecondary education or training for 12 of the 20 occupations with the largest numerical increases, while 6 of these 20 occupations have an associate degree or higher as the most significant level of postsecondary education or training. On-the-job training is the most significant level of postsecondary education or training for 19 of the 20 occupations with the largest numerical decreases.

Table 1 lists the fastest growing occupations and occupations projected to have the largest numerical increases in employment between 2006 and 2016, by level of postsecondary education or training. The 20 occupations listed in Chart 8 will account for more than one-third of all new jobs, 6.6 million combined, over the 2006-2016 period. The occupations with the largest numerical increases cover a wider range of occupational categories than do those occupations with the fastest growth rates. Health occupations will account for some of these increases in employment, as will occupations in education, sales, and food service.

Occupations in office and administrative services will grow by 1.7 million jobs, one-fourth of the job growth among the 20 occupations with the largest job growth. Many of the occupations listed below are very large, and will create more new jobs than will those with high growth rates. Only 3 out of the 20 fastest growing occupations—home healthAmong all occupations in the economy, healthcare occupations are expected to make up 7 of the 20 fastest growing occupations, the largest proportion of any occupational group (Chart 7).

These 7 healthcare occupations, in addition to exhibiting high growth rates, will add nearly 750,000 new jobs between 2006 and 2016. Other occupational groups that have more than one occupation in the 20 fastest growing occupations are computer occupations, personal care and service occupations, community and social services occupations, and business and financial operations occupations. High growth rates among occupations in the top 20 fastest growing occupations reflect projected rapid growth in the health care and social assistance industries and the professional, scientific, and technical services industries.

Sunday, April 12, 2009

ARCHITECTURE

The terminal implements a client-server architecture with the server running on a multiprocessor UNIX platform. The client, used by the end users to interact with the system is a Windows application. End users can also make use of an extra service ("Bloomberg Anywhere ℠") that allows Web access to this Windows application via a client. There is also a WAP portal, BlackBerry application, Windows Mobile application, and iPhone application to allow mobile access. The server side of the terminal has been developed using mostly the

Fortran and C programming languages. Recent years have seen a shift in focus towardsC++, and embedded Javascript on both client and server side.[citation needed] Each server machine runs multiple instances of the server process. Using a proprietary form of context switching the servers keep track of the state of each end user, allowing consecutive interactions from a single user to be handled by different server processes. The Graphical User Interface (GUI) code is also proprietary, though some of it is based on GTK+[ This is the original system, consisting typically of 4 windows, each containing a separate instance of the terminal command line. By entering tickers and functions, data can be displayed and programs run to analyze it.

This seemingly large number of windows allows users to call up several entirely different sets of data, and compare it quickly; for those users who have more than one computer display, each terminal window can be assigned independently, creating, in effect, four terminals.
Launchpad is a customizable display consisting of a number of smaller windows, called 'components', each of which dedicated to permanently displaying one set of data. A typical user would be a stockbroker who wishes to keep a list of 30 stocks visible at all times: Launchpad creates a small component which will show these prices constantly, saving the broker from having to check each stock independently in the terminal. It can be toggled on or off by hitting the key. Other functions, such as email inboxes, calculation tools and news tickers can be similarly displayed.

Instant Bloomberg messaging/chat tool is a Launchpad component, as are the chat windows it creates. final level of the Bloomberg system is the ability to export data from the Terminal to 3rd party applications, such as Microsoft Excel. A user might wish to use Bloomberg data from the terminal to create his or her own calculations; by exporting the live data into another program, they can build these formulae. Bloomberg supports this through a range of add-ins which are packaged with the terminal software.

CORPARTE GOVERANCE

In 1981, Michael Bloomberg was fired from Salomon Brothers, where he was a general partner and given a $10 million severance package. Using this money, Bloomberg went on to set up a company named Innovative Market Systems. In 1982, Merrill Lynch became the new company's first customer, installing 20 Market Master terminals and investing $30 million in the company. In 1986, the company was renamed Bloomberg L.P. and by 1987, 5000 terminals had been installed.

Within a few years, ancillary products including Bloomberg Tradebook (a trading platform), the Bloomberg Messaging Service, and the Bloomberg newswire were launched.
Bloomberg prospered during the boom of the 1980s and 1990s. It expanded internationally, opening offices in Europe, Asia, Latin America and Australia. In addition to its financial services offerings, Bloomberg launched its news services division in 1990. Bloomberg News (originally known as Bloomberg Business News) has some 2,000 staff in 125 bureaus around the world and is available on the web at www.bloomberg.com.

It now provides information to approximately 350 newspapers and magazines worldwide, including The Economits, The New York Times and USA TodayIn order to run for the position of Mayor of New York which he won against Democrat Mark Green in 2001, Mike Bloomberg gave up his position of CEO at Bloomberg and appointed Lex Fenwick as CEO in his stead.[citation needed] Daniel Doctoroff, former deputy mayor in the Bloomberg administration, now serves as president.

Peter Grauer is the chairman.Bloomberg filed Bloomberg L.P. v. Board of Governors of the Federal Reserve System Case Number: 1:2008cv09595 in the New York Southern District Court November 7, 2008. The suit asks Judge Loretta A. Preska to require the Federal Reserve to provide information under the Freedom of Information Act to divulge the names of private financial institutions that were recipients of 1.2 trillion in public bailout money, along with kind and amounts of collateral provided.

Gubernatorial campaign

On November 6, 2007, the New York Post detailed efforts by New York Republicans to recruit Bloomberg to oppose then-incumbent Governor Eliot Spitzer in the 2010 election. Early polls indicated Bloomberg would defeat Spitzer in a landslide. (The potential 2010 match-up became moot when Spitzer resigned on March 17, 2008.) A March 20, 2008 poll of New York State voters had the Mayor topping newly ascended Governor David Paterson and former New York City Mayor Rudy Giuliani for the 2010 gubernatorial election. Bloomberg has denied any plans to run for the governorship in 2010.

On October 2, 2008, Bloomberg announced that he would seek to extend the city's term limits law and run for a third mayoral term in 2009, arguing that a leader of his field is needed during the Wall Street financial crisis. "Handling this financial crisis while strengthening essential services ... is a challenge I want to take on," Bloomberg told at a news conference. "So should the City Council vote to amend term limits, I plan to ask New Yorkers to look at my record of independent leadership and then decide if I have earned another term". Although the public is split about the announcement, many elite New Yorkers such as David Rockefeller former Secretary of State Henry Kissinger, and prominent businessmen including Jamie Dimon, Lloyd Blankfein, and Mortimer Zuckerman have voiced support for such a proposal and recently published an open letter urging the City Council to extend the term limits.

On October 23, the City Council voted 29-22 in favor of extending the term limit to three consecutive four-year terms, thus allowing Bloomberg to run for office again. After two days of public hearings, Bloomberg signed the bill into law on November 3. A federal lawsuit was filed one week later, challenging the new legislation. One critic declared that Bloomberg's tactics in seeking a third term, along with his failure to foresee the Wall Street crisis at the same time his policies were making the City more dependent on finance, real estate and tourism, are proof that Bloomberg is unfit for the job.

At the 2007 Commencement exercises for Tufts University, Bloomberg delivered the commencement address at graduation. He was awarded an honorary degree in Public Service from the university. Likewise, Bloomberg delivered the 2007 commencement address at Bard College, where he was also awarded an honorary degree of Doctor of Humane Letters. In February 2003, he received the "Award for Distinguished Leadership in Global Capital Markets" from the Yale School of Management. He was named the 39th most influential person in the world in the 2007 Time 100. In September, 2007, Vanity Fair ranked him #9 in its "Vanity Fair 100: The 2007 New Establishment." In May 2008, he was awarded an honorary doctorate of laws by the University of Pennsylvania, where he delivered the commencement speech to the class of 2008. Bloomberg will also deliver the commencement address to the class of 2008 at Barnard College, Columbia University after receiving the Barnard Medal of Distinction, the College's highest honor.

ASSOCIATED PRESIDENTIAL CAMPAIGNS

would "continue to have control of and access to certain investment decisions." On January 18, 2008, the Associated Press reported that Bloomberg had a meeting in Austin, Texas with Clay Mulford, a ballot access expert and campaign manager for Ross Perot's third party presidential campaigns. Bloomberg denied that the meeting concerned a possible presidential campaign by him, stating "I'm not a candidate — it couldn't be clearer. Which of the words do you not understand?" On February 28, 2008 Bloomberg stated that "I am not – and will not be – a candidate for president." And that he is "hopeful that the current campaigns can rise to the challenge by offering truly independent leadership.

The most productive role that I can serve is to push them forward, by using the means at my disposal to promote a real and honest debate. *On August 15, 2008 the Virginia State Board of Elections confirmed that the Independent Greens of Virginia, an affiliate of the Independence Party of America, had collected enough signatures to put Bloomberg on the ballot for President in Virginia, with Ron Paul. as his running mate. Bloomberg, however, declined the ballot line. At the same time as the presidential run was being considered, there was also some speculation that Bloomberg could be a candidate for the vice presidency in 2008. In a blog posting of June 21, 2007, The Politico's Ben Smith asked the question of whether a VP candidate can self-finance an entire presidential ticket. Many believed that Bloomberg would in fact be legally permitted to self-finance a campaign as the VP candidate.

Adding more fuel to the speculation that Bloomberg might consider a VP slot were a series of meetings he had in mid-August 2007 with former Georgia Senator Sam Nunn, a Democrat who had considered running as an independent,[citation needed] and later with Barack Obama on 30 November 2007. A breakfast meeting with John McCain on May 17, 2008 led to speculation that Bloomberg may be on McCain's short list of possible VP candidates. Again, though, no vice-presidential run in 2008 materialized either.

On November 6, 2007, the New York Post detailed efforts by New York Republicans to recruit Bloomberg to oppose then-incumbent Governor Eliot Spitzer in the 2010 election. Early polls indicated Bloomberg would defeat Spitzer in a landslide. (The potential 2010 match-up became moot when Spitzer resigned on March 17, 2008.) A March 20, 2008 poll of New York State voters had the Mayor topping newly ascended Governor David Paterson and former New York City Mayor Rudy Giuliani for the 2010 gubernatorial election.

2008 presidential campaign speculation

Bloomberg announced that he would not run for president in 2008, and that he would endorse a candidate who takes an independent and non-partisan approach. He had also stated unequivocally, live on the Dick Clark's New Year's Rockin' Eve TV show, December 31, 2007, that he was not going to run for president in 2008. Despite previous public statements by Bloomberg denying plans for a presidential run, many pundits cited events that led them to believe that Bloomberg would announce a campaign at a later date. On January 7, 2008, he met with a bipartisan group of elder statesmen at the University of Oklahoma, including Nebraska Senator Chuck Hagel and former Georgia Senator Sam Nunn, both of whom had been frequently mentioned as possible running mates, to pressure the major party candidates to promote national unity and reduce partisan gridlock. Speculation that Bloomberg would choose this forum to announce his candidacy proved to be unfounded. Other purported signs that he planned to run included:

In summer 2006, he met with Al From of the Democratic Leadership Council, a centrist group, to talk about the logistics of a possible run. After a conversation with Bloomberg, Republican Senator Chuck Hagel of Nebraska suggested that he and Bloomberg could run on a shared independent ticket for the presidency. On This Week on June 10, 2007, anchor George Stephanopoulos included panelist Jay Carney, who mentioned a conversation between Bloomberg and top staffers where he heard Bloomberg ask approximately how much a presidential campaign would cost. Carney said that one staffer replied, "Around $500 million." According to a Washington Post article, a $500 million budget would allow Bloomberg to circumvent many of the common obstacles faced by third party candidates seeking the White House. * On June 19, 2007,

Bloomberg left the Republican Party, filing as an independent after a speech criticizing the current political climate in Washington.On August 9, 2007, in an interview with former CBS anchor Dan Rather that aired on August 21, Bloomberg categorically stated that he was not running for President, that he would not be running, and that there were no circumstances in which he would, saying, "If somebody asks me where I stand, I tell them. And that’s not a way to get elected, generally. Nobody’s going to elect me president of the United States. What I’d like to do is to be able to influence the dialogue. I’m a citizen." Despite continued denials, a possible Bloomberg candidacy continues to be the subject of media attention, including a November Newsweek cover story.

During a private reception in December 2007, Bloomberg conducted a version of bingo, in which guests were to guess the meaning of the numbers on a printed card. When Mr. Bloomberg asked the significance of 271 one guest answered correctly, the number of electoral votes received by George W. Bush in 2000. In January 2008, CNN reported that a source close to Bloomberg said that the mayor had launched a research effort to assess his chances of winning a potential presidential bid. According to the report, the unidentified source also stated that Bloomberg had set early March as a timetable for making decision as whether or not to run. On January 16, 2008, it was reported that Bloomberg's business interests were placed in "a sort of blind trust" because of the possible run for the presidency. His interests were put under the management of Quadrangle Group, co-founded by reported Bloomberg friend Steven Rattner, though Bloomberg