US Weekly Jobless Claims Fall Below Estimates at 219,000

US Weekly Jobless Claims Fall Below Estimates at 219,000

Assessment

Interactive Video

Business, Life Skills

University

Hard

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The video discusses the latest jobless claims data, indicating a stable U.S. economy with a low risk of recession. The economic outlook for 2025 suggests potential growth and increased hiring. The labor market is currently balanced between employers and employees, with past trends of high wage increases unlikely to continue. Firms should adjust expectations for wage gains, as they are predicted to stabilize at 3.5% to 4%, rather than returning to pre-pandemic levels.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the final print for jobless claims at the end of the year?

219,000

220,000

225,000

215,000

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the predicted risk of a recession next year?

25%

20%

10%

15%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What economic growth rate is anticipated that could lead to increased hiring?

3%

5%

2%

4%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How is the leverage in the labor market currently described?

Finely balanced

Uncertain

In favor of the employee

In favor of the employer

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected range for wage increases in the near future?

5% to 6%

3.5% to 4%

1% to 2%

2% to 3%