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[answered] BACKGROUND INFO: College graduates from 2009 and later are


BACKGROUND INFO:?College graduates from 2009 and later are reporting difficulties not only within their fields and beyond. With national unemployment numbers hovering around 12 million, the competition for jobs has seen stiff competition. The unemployment rate for 20-29 year old college graduates with a bachelor's degree in 2011 was 13.5%. Although there has been some decrease in the unemployment rate, the rates for recent graduates remain above the rates seen prior to the recession in 2001-2009. Signs such as 450 people applying for a janitorial position in a small town in central California have sent a ripple of concern through recent graduates. As people scour the classified section of local newspapers, entry level positions paying around $10 an hour sprinkle the advertised job postings.


QUESTION:?If a person lands a job earning?$10.50 and hour, what would equate to as a gross yearly wage assuming 40 hour works weeks throughout the year? The yearly gross wage would be $______. (Round to the nearest dollar as needed.)



 


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