U.S. Adds 227,000 Jobs in Jan., Jobless Rate at 4.8%

U.S. Adds 227,000 Jobs in Jan., Jobless Rate at 4.8%

Assessment

Interactive Video

Business

University

Hard

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The video discusses the job market, highlighting the number of jobs added, the jobless rate, and average hourly earnings. It notes revisions in earnings and payrolls, with specific job increases in retail, construction, and finance sectors. The participation rate and average workweek are also covered, along with benchmark revisions.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the jobless rate last month compared to the estimate?

4.8% compared to 4.7%

4.7% compared to 4.8%

5.0% compared to 4.9%

4.6% compared to 4.5%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much did the average hourly earnings grow last month?

0.5%

0.2%

0.1%

0.3%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the revised growth rate for December's average hourly earnings?

0.4%

0.3%

0.2%

0.1%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which sector saw the highest number of job gains since March?

Retail

Manufacturing

Financial Activities

Construction

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the net revision in payrolls for November and December?

Increased by 39,000

Decreased by 39,000

Decreased by 60,000

Increased by 60,000