U.S. Adds 145,000 Jobs in December, Jobless Rate Holds at 3.5%

U.S. Adds 145,000 Jobs in December, Jobless Rate Holds at 3.5%

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Business, Social Studies, Life Skills

University

Hard

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The video discusses the U.S. economic indicators for December 2019, highlighting an unchanged unemployment rate at 3.5% and a stable participation rate of 63.2%. Earnings showed a slight increase, but job gains from previous months were revised down. Manufacturing faced job losses, possibly due to tariffs, while construction and retail sectors saw job gains. The household survey reported job creation and a stable unemployment rate. The EU six rate, which includes discouraged workers, reached a record low of 6.7%.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the change in the unemployment rate according to the report?

It decreased by 0.5%

It remained unchanged

It increased by 0.5%

It increased by 1%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the net change in jobs over the past two months?

10,000 more jobs

14,000 more jobs

No change

14,000 fewer jobs

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which sector experienced significant job losses due to tariffs?

Construction

Retail

Technology

Primary metals

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many jobs were added in the construction sector?

12,000

20,000

41,000

58,000

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the EU six unemployment rate, including discouraged workers?

7.7%

6.7%

8.7%

5.7%