U.S. Adds 228,000 Jobs in Nov., Jobless Rate 4.1%

U.S. Adds 228,000 Jobs in Nov., Jobless Rate 4.1%

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Business, Social Studies, Life Skills

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The video discusses the addition of 221,000 jobs in the private sector, with a total of 230,000 new jobs reported after revisions. The unemployment rate remains steady at 4.1%, and the labor force participation rate is stable at 62.7%. A notable increase of 148,000 people in the labor force is observed, recovering from a previous decline. The EU 6 unemployment measure slightly increased to 8%. Average hourly earnings grew by 2.5% year-on-year, which is below expectations.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many new jobs were reported in total after revisions for September and October?

17,000

230,000

221,000

20,000

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the unemployment rate mentioned in the video?

4.1%

3.9%

5.0%

4.5%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the EU 6 unemployment measure include?

Unemployed individuals only

Only full-time workers

Part-time workers for economic reasons

Retired individuals

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the year-on-year growth in average hourly earnings?

2.0%

3.0%

2.7%

2.5%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the expected month-on-month growth in average hourly earnings?

0.1%

0.2%

0.3%

0.4%