Trends in the Marketplace Answers

The average hourly earnings for a construction worker is projected to be $24.50 in 2012. Jason wants to join the construction work force after he graduates in 2012. His friend tells him that average hourly earnings for construction workers will rise by 2% from 2009 to 2012. Based on the data below, assuming that the projected hourly earnings are correct, is Jason’s friend’s statement accurate? Construction Industry - Average Hourly Earnings, 2000-2009 a. His friend’s statement is accurate. The average hourly earnings will increase by 2%. b. His friend’s statement is not accurate. The percent increase will be more than 2% c. His friend’s statement is not accurate. The percent increase will be less than 2% d. His friend’s statement is not accurate. The average hourly earnings will decrease. Please select the best answer from the choices provided

In considering career options, Ella would like to enter an industry with at least 50% growth from 2000 to 2010. Based on the above graph, which of the following industries is not in that category? a. Health services b. Computer and data processing c. Residential care d. Management and public relations Please select the best answer from the choices provided

Based on the above table, what is the fastest growing listed occupation for those without a college degree? a. Gaming and sports book writers and runners b. Dental assistants c. Marriage and family therapists d. Manicurists and pedicurists Please select the best answer from the choices provided

Based on the above chart, which industry’s average annual rate of change is projected to decrease the most in the 2006-2016 period as compared to its average annual rate of change during 1996-2006? a. Utilities b. Educational services c. Federal government d. State and local government Please select the best answer from the choices provided

The total employment for police officers in 2006 was 648,000. If there are 719,000 police officers in 2016, what will the percent increase have been? a. 5.12% b. 10.96% c. 11.09% d. 22.07% Please select the best answer from the choices provided

Based on the above graph, in 2016, which occupation is projected to have about 2,500,000 more workers than there will be computer systems analysts? a. Registered nurses b. Postsecondary teachers c. Waiters and waitresses d. None of these Please select the best answer from the choices provided

Construction Industry-All Employees (Millions), 2000-2009 Construction Industry - Average Hourly Earnings (Dollars), 2000-2009 Based on trends displayed in the graphs above, which answer choice represents a likely situation for 2010? a. There will be more than 6.5 million construction employees in 2010, and those employees will have average hourly earnings of $24.00. b. There will be over 6 million construction employees in 2010, and the average hourly earnings will be less than twenty dollars. c. There will be roughly 6 million employees in 2010, and those employees will have average hourly earnings of $22.75. d. There will be over 7.5 million employees in 2010, and those employees will earn, on average, $23.00 per hour. Please select the best answer from the choices provided

Approximately how many more job openings are expected for security guards than pharmacy technicians? a. 2,000 b. 11,100 c. 21,000 d. 32,000 Please select the best answer from the choices provided

Based on the above table, which services-providing industry gained the most jobs between 1996 and 2006? a. Educational services b. Professional and business services c. Retail trade d. State and local government Please select the best answer from the choices provided

Say a certain manufacturing industry has 63.1 thousand jobs in 2008, but is expected to decline at an average annual rate of 1.7 thousand jobs per year from 2008 to 2018. Assuming this holds true, what will be this industry’s percent change from 2008 to 2018?a.70%b.-27%c.-17%d.-75%