U.S. Hiring Pace Tops Estimates, Wage Gains Accelerate

The video discusses recent changes in unemployment rates, wage growth, and job growth across various sectors. Unemployment has slightly increased, but wages have risen, affecting the annual rate. Job growth figures have been revised, showing fewer jobs than previously thought. Sector-specific analysis reveals losses in manufacturing and retail, but gains in construction and transportation. Overall, fewer people are working than expected, but a trend of slower job growth has been broken.

What was the unemployment rate mentioned in the first section?

• 3.8%

• 3.6%

• 4.0%

• 3.4%

How many jobs were added in November and December combined?

• 5,000

• 7,000

• 12,000

• 10,000

By how much did the annual revisions lower the total number of jobs created?

• 514,000

• 500,000

• 700,000

• 600,000

Which sector experienced a gain of 44,000 jobs?

• Retail

• Health Services

• Manufacturing

• Construction

What was the increase in transportation and warehousing jobs?

• 20,000

• 25,000

• 28,000

• 30,000