US Added 528,000 Jobs in July, Topping Estimates

US Added 528,000 Jobs in July, Topping Estimates

Assessment

Interactive Video

Business, Life Skills

University

Hard

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The video discusses the economic recovery to pre-pandemic levels, highlighting changes in private and manufacturing payrolls, a drop in unemployment to 3.5%, and an increase in average hourly earnings. It also notes a decrease in labor force participation and revisions to previous data, concluding with a strong payroll report for July.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the change in private payrolls mentioned in the video?

398,000

372,000

471,000

30,000

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much did manufacturing payrolls increase by?

50,000

20,000

40,000

30,000

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the unemployment rate after the changes?

3%

3.5%

5%

4%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

By how much did the average hourly earnings increase?

0.5%

0.3%

0.6%

0.4%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the revised labor force participation rate for June?

382

362

398

372