U.S. November Payrolls Grow Less Than Expected at 245,000

U.S. November Payrolls Grow Less Than Expected at 245,000

Assessment

Interactive Video

Business, Social Studies, Life Skills

University

Hard

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The video tutorial provides an analysis of employment data, highlighting a decrease in the unemployment rate to 6.7% and a drop in the labor force participation rate to 61.5%. It discusses the impact of temporary layoffs, permanent job losses, and long-term unemployment. The video also covers the rise in teleworking and revisions in payroll numbers, with a net increase of 11,000 employees over three months. The data reflects ongoing changes in the job market, influenced by various economic factors.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the forecasted unemployment rate before it dropped to 6.7%?

6.5%

7.0%

6.9%

6.8%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did the labor force participation rate change?

It increased to 62.0%

It decreased to 61.5%

It remained the same at 61.7%

It increased to 61.8%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

By how much did the number of persons on temporary layoff decrease in the last week?

500,000

600,000

441,000

300,000

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of people were teleworking according to the latest data?

22.0%

20.5%

21.2%

21.8%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the net change in employment over the three-month period?

10,000 additional employees

11,000 additional employees

12,000 additional employees

9,000 additional employees