U.S. Payrolls Drop 140,000 Amid December Virus Surge

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Business, Social Studies, Life Skills
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University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How many jobs were lost in December, and which sector was primarily affected?
95,000 jobs lost, mainly in manufacturing
140,000 jobs lost, mainly in services
140,000 jobs lost, mainly in manufacturing
95,000 jobs lost, mainly in services
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the change in manufacturing payrolls during December?
A decrease of 38,000 jobs
No change in manufacturing jobs
A decrease of 95,000 jobs
An increase of 38,000 jobs
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the unemployment rate in December, and how did it compare to the previous month?
6.7%, higher than the previous month
6.5%, higher than the previous month
6.7%, same as the previous month
6.5%, same as the previous month
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the slight fall in average weekly hours indicate about the economy?
The economy is experiencing inflation
The economy is stable
The economy is slowing down
The economy is growing rapidly
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the labor force participation rate in December, and why is it significant?
61.5%, significant for the Federal Reserve
60.5%, significant for the stock market
61.5%, significant for the stock market
60.5%, significant for the Federal Reserve
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