Furman: Adding Jobs at Pace of 150,000 per Month

The video discusses the volatility of job numbers and the challenges in measuring the economy monthly. It highlights concerns about the participation rate, influenced by demographic changes, and the stabilization of these rates. The discussion also covers payroll numbers, economic indicators, and the impact of consistent policy. Unemployment rates and wage growth are analyzed, showing a positive trend despite fewer job additions. The video concludes with a response to the Dallas police shooting, reflecting the White House's stance.

What is the current pace of job growth mentioned in the video?

• 150,000 jobs per month

• 100,000 jobs per month

• 250,000 jobs per month

• 200,000 jobs per month

What is a major factor contributing to the decline in the participation rate?

• Globalization

• Technological advancements

• Aging population

• Increased education levels

How has the participation rate changed recently according to the video?

• It has increased significantly

• It has stabilized

• It has fluctuated wildly

• It has decreased significantly

What does the low standard deviation of payroll numbers indicate?

• An unpredictable economy

• A stable labor market

• A declining economy

• A volatile labor market

What is the current unemployment rate mentioned in the video?

• 3.9%

• 4.9%

• 5.9%

• 6.9%