U.S. Employers Add 287,000 Jobs in June Beating Estimates

The video discusses job market statistics, highlighting a gain of 287,000 jobs in June, the best since October 2015, surpassing economist estimates. The unemployment rate rose slightly to 4.9%, while average hourly earnings increased by only 0.1%. Revisions to previous months' job numbers are noted, with May's figures revised down to 11,000. Job gains were seen in leisure, hospitality, healthcare, and financial activities, while private payrolls fell by 6,000 in May, marking the first decline since 2010. The labor force participation rate remained stable at 62.7%, with the average workweek at 34 hours.

What was the job gain in June, and how did it compare to economists' expectations?

• 200,000 jobs, exceeding expectations

• 150,000 jobs, below expectations

• 180,000 jobs, meeting expectations

• 287,000 jobs, exceeding expectations

How did the unemployment rate change from May to June?

• It decreased from 4.9% to 4.7%

• It increased from 4.7% to 4.9%

• It remained constant at 4.9%

• It decreased from 5.0% to 4.9%

Which sectors contributed to job growth in June?

• Leisure, Hospitality, and Healthcare

• Manufacturing and Construction

• Retail and Wholesale Trade

• Transportation and Warehousing

What was the change in private payrolls in May?

• An increase of 6,000 jobs

• A decrease of 6,000 jobs

• No change in private payrolls

• An increase of 10,000 jobs

What was the labor force participation rate in the discussed period?

• 62.5%

• 63.5%

• 62.7%

• 63.0%