Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

NAICS 31-33 Manufacturing Annual Average Employment (2019) Total Annual Wages (2019) North Carolina 477,096 $ 29,147,529,064 Dare County 490 $22,080,081 Wayne County 5,160 $254,817,370 Annual

image text in transcribed
NAICS 31-33 Manufacturing Annual Average Employment (2019) Total Annual Wages (2019) North Carolina 477,096 $ 29,147,529,064 Dare County 490 $22,080,081 Wayne County 5,160 $254,817,370 Annual Average Employment (2016) Total Annual Wages (2016) Wayne County 5,687 $247,836,304 Data Source: Quarterly Census of Employment and Wages, Bureau of Labor Statistics https://www.bls.gov/cew/ 4(a). Calculate the state growth in total employment from 2016 to 2019. Use the same data provided in question (3) for this question and the following questions. 4(b). Calculate the state growth in employment in real estate from 2016 to 2019. 4(c). Calculate the state growth in em ployment in manufacturing from 2016 to 2019. 4(d). Calculate Wayne County's growth in total employment from 2016 to 2019. 4(e). Calculate Wayne County's growth in employment in real estate from 2016 to 2019. 4(f). Calculate Wayne County's growth in employment in manufacturing from 2016 to 2019. 5. Using your calculations from question (4), calculate the state growth component of employment change in manufacturing from 2016 to 2019 for Wayne County. 6. Using your calculations from question (4), calculate the industrial mix component of employment change in manufacturing from 2016 to 2019 for Wayne County. 7. Using your calculations from question (4), calculate the competitive share component of employment change in manufacturing from 2016 to 2019 for Wayne County

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Elementary Algebra

Authors: Tom Carson, Bill E Jordan

4th Edition

0321916042, 9780321916044

More Books

Students also viewed these Mathematics questions

Question

Do not come to the conclusion too quickly

Answered: 1 week ago

Question

Engage everyone in the dialogue

Answered: 1 week ago