1. What is the probability that an individual employed in industry at one time is employed in small business 2 years later? 2. If an individual is self-employed this year, what is her most likely employment status 2 years from now? (Give the number of the state rather than its description in words.) (If there is more than one such state, which is the first one.) 3. If an individual would like to be self-employed 2 years from now, what current employment status would give here the greatest likelihood of achieving her goal? (Give the number of the state rather than its description in words.) (If there is more than one such state, which is the first one.)

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1. What is the probability that an individual employed in industry at one time is employed in small business 2 years later?

2. If an individual is self-employed this year, what is her most likely employment status 2 years from now? (Give the number of the state rather than its description in words.) (If there is more than one such state, which is the first one.)

3. If an individual would like to be self-employed 2 years from now, what current employment status would give here the greatest likelihood of achieving her goal? (Give the number of the state rather than its description in words.) (If there is more than one such state, which is the first one.)

The table represents a comparison of employment shifts from last year to this year across different sectors: Industry, Small Business, and Self-Employed. It indicates the percentage of individuals who have moved from one employment type to another.

### Employment Transition Table

| **Employment Last Year** | **Employment This Year** | **Percentage** |
|--------------------------|--------------------------|----------------|
| Industry                 | Industry                 | 50%            |
|                          | Small Business           | 20%            |
|                          | Self-Employed            | 30%            |
| Small Business           | Industry                 | 20%            |
|                          | Small Business           | 60%            |
|                          | Self-Employed            | 20%            |
| Self-Employed            | Industry                 | 10%            |
|                          | Small Business           | 30%            |
|                          | Self-Employed            | 60%            |

### Summary

- **Industry**: 50% remained in Industry, 20% moved to Small Business, 30% became Self-Employed.
- **Small Business**: 20% moved to Industry, 60% remained in Small Business, 20% became Self-Employed.
- **Self-Employed**: 10% moved to Industry, 30% moved to Small Business, 60% remained Self-Employed.

This table helps understand the fluidity and movement in employment sectors over a year, highlighting trends and stability within each employment category.
Transcribed Image Text:The table represents a comparison of employment shifts from last year to this year across different sectors: Industry, Small Business, and Self-Employed. It indicates the percentage of individuals who have moved from one employment type to another. ### Employment Transition Table | **Employment Last Year** | **Employment This Year** | **Percentage** | |--------------------------|--------------------------|----------------| | Industry | Industry | 50% | | | Small Business | 20% | | | Self-Employed | 30% | | Small Business | Industry | 20% | | | Small Business | 60% | | | Self-Employed | 20% | | Self-Employed | Industry | 10% | | | Small Business | 30% | | | Self-Employed | 60% | ### Summary - **Industry**: 50% remained in Industry, 20% moved to Small Business, 30% became Self-Employed. - **Small Business**: 20% moved to Industry, 60% remained in Small Business, 20% became Self-Employed. - **Self-Employed**: 10% moved to Industry, 30% moved to Small Business, 60% remained Self-Employed. This table helps understand the fluidity and movement in employment sectors over a year, highlighting trends and stability within each employment category.
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