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September 27, 2012
Average annual expenditures per consumer unit rose 3.3 percent in 2011, the first yearly increase in spending since the 1.7-percent rise from 2007 to 2008. The rise in spending in 2011 barely outpaced the 3.2-percent increase in prices for goods and services from 2010 to 2011, as measured by the average annual change in the Consumer Price Index (CPI-U).
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Test your knowledge
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Complete the statement with foreign born or native born:
In 2011, there were 24.4 million foreign-born persons (persons who reside in the United States but who were born outside the country or one of its outlying areas to parents who were not U.S. citizens) in the U.S. labor force. The unemployment rate for the ____________ was 9.1 percent in 2011; the jobless rate of the ____________ was 8.9 percent. Overall, the unemployment rates of the ____________ in younger age groups (ages 16 to 34) tend to be lower than the jobless rates for the ____________. Among older workers (ages 35 and up), unemployment rates of the ____________ tend to be higher than for the ____________.
Hint:
Employment status of the foreign-born and native-born by age, 2011.
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Complete the statement with the correct occupations from the list:
In 2011, women accounted for 47 percent of all employed persons 16 years of age and older. The share of women in specific occupations varied: 14 percent of ____________ and 34 percent of ____________ were women, whereas 61 percent of ____________ and 82 percent of ____________ were women.
- accountants and auditors
- architects and engineers
- elementary and middle school teachers
- physicians and surgeons
Hint:
Women as a percent of total employed in selected occupations, 2011.
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