U8 - Finance and Insurance Sector Overview

How many establishments are there in the U.S. finance and insurance sector?

• About 100,000

• About 250,000

• About 490,000

• About 1,000,000

What is the combined annual revenue of the U.S. finance and insurance sector?

• About $1 trillion

• About $2.5 trillion

• About $4.5 trillion

• About $6 trillion

What types of occupations are growing in the finance and insurance sector?

• Medical professionals

• Accountants and auditors

• Construction workers

• Teachers

What is a key characteristic of the finance and insurance industry?

• Focus on agriculture

• Focus on entertainment

• Focus on managing money

• Focus on transportation

What is typically required for most careers in the finance and insurance industry?

• A high school diploma

• A four-year degree

• No formal education

• A master's degree

What is a common work schedule in the finance industry?

• 24/7 availability

• Flexible hours

• Routine 9-to-5

• Night shifts

Why might job opportunities in finance continue to be available despite automation?

• Due to increased demand for manual labor

• Because of retirements and turnover

• Because technology cannot replace any tasks

• Due to a decrease in the number of graduates

What is required in some states to practice certain finance occupations?

• A bachelor's degree

• Professional licensure

• A high school diploma

• An internship

What is a key skill required in the finance career cluster?

• Creative writing

• Meticulous work with documents

• Physical strength

• Artistic ability

Which of the following requires short-term training or a specific license in finance?

• Tellers

• Insurance Claims Clerks

• Loan Interviewers

• Credit Checkers