US Job Growth Slows in March, Unemployment Falls

US Job Growth Slows in March, Unemployment Falls

Assessment

Interactive Video

Business, Life Skills

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses economic data for March, including estimates and revisions. It highlights changes in private and government payrolls, with a focus on manufacturing. The unemployment rate decreased slightly, and average hourly earnings increased. The video also examines inflation signals and labor force participation, noting a slight increase in participation rates.

Read more

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the initial employment estimate for March?

265,000

189,000

311,000

230,000

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the change in manufacturing payrolls in March?

Decreased by 4,000

Increased by 4,000

Decreased by 1,000

Increased by 1,000

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did the unemployment rate change from February to March?

Increased to 3.6%

Decreased to 3.5%

Increased to 4.0%

Remained at 3.6%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the year-over-year change in average hourly earnings?

Increased to 5.0%

Remained at 4.6%

Increased to 4.6%

Decreased to 4.2%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the labor force participation rate in March?

61.5%

62.5%

62.6%

63.0%