The World Of Work Review

Q1: What are two pros of beginning work directly after High School?

• Earn a Higher Education
• More Options For High Paying Jobs
• No Debt
• More Work Experience

Q2: Which industry has the largest employment?

• Temporary help services
• General merchandise retailers
• Elementary and secondary school
• Full service restaurants

Q3: What is the median household income in Illinois?

• $79,253
• $50,000
• $94,572
• $62,454

Q4: What's the lowest minimum wage has ever been in the U.S?

• $5.15
• $3.25
• $10.25
• $7.50

Q5: What is the meaning of unemployment rate?

• The total number of unemployed adults in the United States
• The percentage of adults not working but actively seeking a job
• The percentage of people who have jobs
• The percentage of people who are retired

Q6: Why do economists pay attention to the unemployment rate?

• When less people work, the country produces more
• When less people work, the country produces less
• When less people work, the country produces the same
• They get paid more when employment increases