Biden Says Jobs Report Shows Economy Is Making Progress

The video discusses the significant improvements in the American unemployment rate, which has dropped below 5% since the speaker took office. It highlights the widespread nature of this improvement, including notable decreases in unemployment rates for Hispanic and African American workers. The video also emphasizes the substantial drop in long-term unemployment and the increase in average wages. Additionally, it reports on the lowest number of layoffs and job reductions since 1997. Overall, the video presents a positive trend in job creation, with nearly 5 million jobs created in the first eight months of the administration.

What was the unemployment rate in the United States after eight months of the new administration?

• 3.9%

• 6.0%

• 4.8%

• 5.2%

Which demographic saw a significant drop in unemployment to below 8% for the first time in 17 months?

• Native Americans

• Asian Americans

• Caucasian Americans

• African Americans

What was the largest three-month fall in long-term unemployment since records began?

• 750,000

• 2 million

• 500,000

• 1.3 million

In which month was one of the largest increases in average wages recorded?

• November

• September

• October

• August

How many jobs were created in the first eight months of the new administration?

• 5 million

• 3 million

• 4 million

• 6 million