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The World Of Work Review

Total questions: 6

Worksheet time: 3mins

Name
Class
Date
1.
Q1: What are two pros of beginning work directly after High School?
a)
Earn a Higher Education
b)
More Options For High Paying Jobs
c)
No Debt
d)
More Work Experience
2.
Q2: Which industry has the largest employment?
a)
Temporary help services
b)
General merchandise retailers
c)
Elementary and secondary school
d)
Full service restaurants
3.
Q3: What is the median household income in Illinois?
a)
$79,253
b)
$50,000
c)
$94,572
d)
$62,454
4.
Q4: What's the lowest minimum wage has ever been in the U.S?
a)
$5.15
b)
$3.25
c)
$10.25
d)
$7.50
e)
5.
Q5: What is the meaning of unemployment rate?
a)
The total number of unemployed adults in the United States
b)
The percentage of adults not working but actively seeking a job
c)
The percentage of people who have jobs
d)
The percentage of people who are retired
6.
Q6: Why do economists pay attention to the unemployment rate?
a)
When less people work, the country produces more
b)
When less people work, the country produces less
c)
When less people work, the country produces the same
d)
They get paid more when employment increases