US Companies Add Fewer Jobs Than Forecast at 146,000: ADP

US Companies Add Fewer Jobs Than Forecast at 146,000: ADP

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Business

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The transcript discusses the ADP job estimates for November, which are significantly lower than the previous month. It explores the potential impact of hurricanes and strikes on job numbers and the expected rebound. The discussion also covers the revisions in job data and the Federal Reserve's focus on unemployment rates rather than overall job creation numbers.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the number of jobs found by ADP in November compared to the previous month?

146,000 jobs, which is higher than the previous month

146,000 jobs, which is lower than the previous month

223,000 jobs, which is lower than the previous month

223,000 jobs, which is higher than the previous month

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What factors are considered for the expected job numbers on Friday?

New job creation and strikes ending

Strikes ending and hurricane disruptions

None of the above

Hurricane disruptions and new job creation

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many people were out on strike, affecting the job numbers?

10,000 people

20,000 people

30,000 people

40,000 people

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the Fed more interested in regarding job numbers?

Hurricane impact on jobs

Revised job numbers

Unemployment rate

Overall job creation numbers

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What caused the revisions in the job numbers reported by ADP?

Strikes affecting data collection

Inaccurate initial reports

Hurricane-related reporting issues

Changes in economic policies