Jobs Data Sets Up Question of When Fed Hikes Rates

The video discusses the current state of the job market, highlighting a consistent growth of 200,000 jobs per month over the past 30 months. It examines the Federal Reserve's cautious approach to interest rate changes, especially around election times. The discussion also covers the shift from manufacturing to a service-oriented economy, with most job growth occurring in the service sector. Inflation trends and wage growth are analyzed, noting a surprising lack of inflation despite job growth. Finally, the video explores recent trends in the bond market, including the impact of Federal Reserve policies on interest rates.

What is the average number of jobs added per month over the past year?

• 150,000

• 200,000

• 250,000

• 300,000

Which sector has seen the most job growth in recent years?

• Construction

• Agriculture

• Manufacturing

• Service

What is the current trend in inflation according to the transcript?

• Decreasing

• Unpredictable

• Stable

• Trending higher

How does the Federal Reserve plan to manage interest rates in the near future?

• Keep rates stable

• Decrease rates

• Let inflation run hotter

• Increase rates significantly

What is the impact of technology on inflation as discussed in the transcript?

• It increases inflation

• It causes deflation

• It has no impact

• It creates efficiencies that cap inflation