THE CHANGING WORKFORCE AND YOU

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* 1. What is a measure of the health of the U.S. economy?

Fiscal Policy

Personal Savings Rates

Gross Domestic Product (GDP)

Housing Prices

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* 2. What is the biggest component of Gross Domestic Product?

Consumer Consumption Expenditures

Private Investment

Government Expenditures

Net Exports

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* 3. When considering the Labor Force, what age and over is included in the calculation?

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* 4. What was the U.S. unemployment rate for March 2022?

3.6%

5.2%

8.4%

14.7%

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* 5. Prior to the covid 19 pandemic, the United States had never experienced a large shift in the makeup of its workforce

True

False

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* 6. When we describe the current employment situation as a “job seekers” market, that means that

There are not enough jobs for all the workers that are seeking work

There are too many potential workers to fill the available jobs

There are more jobs available than workers seeking jobs

The balance between workers and available jobs is even

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* 7. The job categories Essential worker, Frontline worker, and Knowledge worker:

Relates to the level of formal education required to hold the job

Depends on the size of the company for which the employee works

Are very distinct and have no common characteristics between any of them

Play a role in determining where the job can be performed

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* 8. The current condition of the economy and labor market provide

Many challenges but no opportunities for workers

Both challenges and opportunities for workers and those looking to enter the job market

Few incentives or benefits for those already with a job

Limited options for those looking for work

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* 9. FederalReserveEducation.org is the website to find various Federal Reserve resources available for equipping educators, educating students, and empowering consumers.

True

False

THE CHANGING WORKFORCE AND YOU

Question Title

* 1. What is a measure of the health of the U.S. economy?

Question Title

* 2. What is the biggest component of Gross Domestic Product?

Question Title

* 3. When considering the Labor Force, what age and over is included in the calculation?

Question Title

* 4. What was the U.S. unemployment rate for March 2022?

Question Title

* 5. Prior to the covid 19 pandemic, the United States had never experienced a large shift in the makeup of its workforce

Question Title

* 6. When we describe the current employment situation as a “job seekers” market, that means that

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* 7. The job categories Essential worker, Frontline worker, and Knowledge worker:

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* 8. The current condition of the economy and labor market provide

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* 9. FederalReserveEducation.org is the website to find various Federal Reserve resources available for equipping educators, educating students, and empowering consumers.

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* 10. Please enter your full name.