US Added 263,000 Jobs in November, Exceeding Estimates

US Added 263,000 Jobs in November, Exceeding Estimates

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Business

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The video discusses the job market, highlighting a significant increase in job numbers compared to forecasts. October's job growth was revised upwards, and the unemployment rate remains steady at 3.7%. Despite a reported job loss in manufacturing, there was a creation of 14,000 jobs in the sector. Earnings have increased more than expected, with a year-over-year rise in average hourly earnings. Revised figures for October show a decline but are still higher than initially reported.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the revised job growth number for October?

300,000

261,000

200,000

284,000

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the current unemployment rate mentioned in the video?

3.5%

3.7%

4.2%

4.0%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many jobs were reportedly lost in manufacturing according to the ADP report?

50,000

10,000

150,000

100,000

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the increase in average hourly earnings in the latest report?

7/10

6/10

5/10

4/10

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the revised year-over-year increase in average hourly earnings for October?

5.6%

5.1%

5.3%

6.0%