U.S. Lost 701,000 Jobs in March, First Monthly Fall in a Decade

The video discusses the unexpected job losses in March, with 701,000 jobs lost, marking the first decline since September 2010. The unemployment rate rose to 4.4%, and earnings increased by 3.1% year-over-year, possibly due to lower-income job losses. Average weekly hours decreased slightly. The market reacted with a slight drop in futures and a stable dollar index, indicating that the market may have anticipated worse outcomes. The bond market showed minor changes, remaining close to record lows.

What was the total number of jobs lost in March, as mentioned in the video?

• 200,000

• 1,000,000

• 701,000

• 500,000

What was the unemployment rate in March according to the video?

• 5.0%

• 3.5%

• 4.4%

• 4.0%

How much did the year-over-year earnings increase?

• 3.1%

• 4.0%

• 2.5%

• 3.5%

What was the market's reaction to the job loss data?

• The market had a mild negative reaction

• The market crashed

• The market reacted positively

• The market was unaffected

What was the status of the dollar index as mentioned in the video?

• At 95

• Above 110

• Exactly 100

• Below 90