U.S. Adds 222,000 Jobs in June, Jobless Rate at 4.4%

The transcript discusses the job market, highlighting a net increase of 47,000 jobs in April and May, with unemployment rising slightly to 4.4% due to more people entering the labor force. The EU six rate increased to 8.6%. Wage growth remains modest at 2.5% annually. Labor force participation and hours worked saw slight increases. Private sector jobs rose by 187,000, with government hiring up by 35,000. Manufacturing, construction, and mining sectors added jobs, while retail saw its first gain since January. The need for home health care workers is emphasized, with 59,000 jobs added in that field.

What was the main reason for the slight increase in the unemployment rate to 4.4%?

• A decrease in job opportunities

• An increase in part-time jobs

• More people entering the labor force

• A rise in discouraged workers

How much did wages increase over the month?

• 0.1%

• 0.4%

• 0.3%

• 0.2%

What was the annual wage growth rate mentioned in the video?

• 2.9%

• 2.7%

• 2.5%

• 2.0%

Which sector saw the first job gain since January?

• Manufacturing

• Construction

• Retail

• Mining

How many home health care jobs were added, indicating significant growth in this field?

• 50,000

• 55,000

• 60,000

• 59,000