Understanding Business, 10th Edition

Published by McGraw-Hill Education
ISBN 10: 007352459X
ISBN 13: 978-0-07352-459-7

Chapter 2 - Understanding Economics and How It Affects Business - Taking it to the Net - Page 56: 2

Answer

With one or two exceptions, jobs have been added in the manufacturing industry over the last four years (3% jobs have been added).

Work Step by Step

In January 2016, there were 12,400 jobs in the manufacturing industry. In January 2020, there were 12,800 jobs in the manufacturing industry. $\frac{400}{12800}$ = +3 percent change
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