Hot jobs market cools off slightly, US jobs fell in June

Hot jobs market cools off slightly, US jobs fell in June

Assessment

Interactive Video

Life Skills, Business

University

Hard

Created by

Quizizz Content

FREE Resource

The video explores the current state of the American workforce, focusing on job openings, unemployment rates, and the perceived worker shortage. Economic analysts provide insights, suggesting the job market is strong and wages are rising. Factors like early retirement, migration drops, and social media income are discussed as contributors to the worker shortage. The video concludes with a positive outlook on wages outpacing inflation.

Read more

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the U.S. Chamber of Commerce's stance on the current job market situation?

They believe there is a worker shortage crisis.

They are unsure about the current job market situation.

They think the job market is perfectly balanced.

They see no issues with the current job market.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to the U.S. Labor Bureau, how many job openings were there in June?

8.2 million

6.8 million

10 million

5 million

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does Mark Hamrick say about the current job market?

It is in crisis.

It is reasonably normal and balanced.

It is declining rapidly.

It is unpredictable.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which factor is NOT mentioned as contributing to the worker shortage?

Social media income

Early retirement

High cost of childcare

Increased migration

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What positive trend is noted about wages in the current job market?

Wages are growing faster than inflation.

Wages are decreasing.

Wages are stagnant.

Wages are unpredictable.