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

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

Assessment

Interactive Video

Business, Social Studies, Life Skills

University

Hard

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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.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the unemployment rate mentioned in the first section?

3.8%

3.6%

4.0%

3.4%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many jobs were added in November and December combined?

5,000

7,000

12,000

10,000

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

514,000

500,000

700,000

600,000

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which sector experienced a gain of 44,000 jobs?

Retail

Health Services

Manufacturing

Construction

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the increase in transportation and warehousing jobs?

20,000

25,000

28,000

30,000