What was the unexpected outcome in the job market in May?
U.S. Unemployment Rate Unexpectedly Falls To 13.3% After May Job Gains

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Social Studies, Life Skills, Business
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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
No change in unemployment rate
A decrease in job gains
An increase in unemployment rate
A decrease in unemployment rate
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How did the Dow Futures react to the job market changes?
They fell by 600 points
They remained stable
They jumped 600 points
They fell by 300 points
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the unemployment rate after the job losses in March and April?
18.3%
20.0%
10.5%
14.7%
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which sector was hardest hit during the lockdowns but later saw a hiring spike?
Leisure and hospitality
Technology
Manufacturing
Finance
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the change in average hourly wages as a result of the job gains?
Increased by $0.29
Decreased by $0.29
Increased by $0.50
Decreased by $0.50
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