U.S. April Job Growth Tops Estimates, 428,000 Jobs Added

The video discusses recent economic data, highlighting a slight decrease in average hourly earnings and a strong job market with over 400,000 job gains for the 12th consecutive month. Manufacturing shows robust numbers as companies reopen. Despite some job revisions, the labor force remains strong. Sector-specific employment changes are noted, particularly in leisure, hospitality, and transportation. The report supports the Federal Reserve's stance on raising interest rates without triggering a recession.

What was the anticipated change in average hourly earnings?

• 3/10 of a percent rise

• 3.5% decrease

• 5% rise

• 3.5% increase

How many consecutive months have seen job gains of over 400,000?

• 8 months

• 15 months

• 12 months

• 10 months

What was the change in private payrolls for manufacturing?

• 55,000

• 406,000

• 39,000

• 52,000

What was the average work week duration mentioned in the report?

• 33.8 hours

• 36 hours

• 34.6 hours

• 35.5 hours

Which sector saw an increase of 52,000 jobs?

• Eating and drinking places

• Non-durable goods

• Transportation and warehousing

• Leisure and hospitality