U.S. Government Has Now Spent Over $5 Trillion On The Pandemic

The video discusses the current state of unemployment, highlighting a decrease from the pandemic peak but still significant job losses. It examines the impact of COVID-19 on businesses, particularly small ones, and the resulting rise in online shopping. The economic recovery is described as K-shaped, benefiting the wealthy while low-income earners face challenges. The government has spent $5 trillion on pandemic relief, surpassing the 2009 Great Recession package. President Biden emphasizes the ongoing need to combat COVID-19 for economic recovery.

What is the current unemployment rate mentioned in the video?

• 4.2%

• 14.7%

• 6.2%

• 9.5%

What is the term used to describe the uneven economic recovery?

• V-shaped recovery

• K-shaped recovery

• L-shaped recovery

• U-shaped recovery

Which sector is primarily responsible for job creation since 2000?

• Non-profit organizations

• Government jobs

• Small businesses

• Large corporations

What percentage of adults are at least partially immunized as mentioned in the video?

• 25%

• 50%

• 75%

• 10%

How much has the government spent on pandemic relief according to the video?

• $840 billion

• $10 trillion

• $1 trillion

• $5 trillion