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(01.01 mc) which is an accurate statement of the unemployment rates and…

Question

(01.01 mc) which is an accurate statement of the unemployment rates and weekly earnings in 2021? earnings and unemployment rates by educational attainment, 2021 © us bureau of labor and statistics those with associates degrees fell above the median in weekly earnings. those with bachelors degrees experienced unemployment rates below the median.

Explanation:

Brief Explanations

First, identify the median values for weekly earnings and unemployment rates from the chart. For weekly - earnings, the median needs to be calculated considering all educational attainment levels. For unemployment rates, the median is also calculated. Then, check the statements. Those with associate's degrees have median usual weekly earnings of $887. Looking at all levels, this is below the overall median of $1,007 for all workers. Those with bachelor's degrees have an unemployment rate of 2.3%, which is below the total unemployment rate of 4.7% (which can be considered as a kind of median - like value for comparison here).

Answer:

Those with bachelor's degrees experienced unemployment rates below the median.