U.S. Adds 209,000 Jobs in July, Jobless Rate at 4.3%

U.S. Adds 209,000 Jobs in July, Jobless Rate at 4.3%

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Interactive Video

Business, Social Studies, Life Skills

University

Hard

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The video discusses recent economic data, highlighting revisions in estimates and a decrease in unemployment to 4.3%, the lowest since 2001. Labor force participation increased slightly, but wage growth remains sluggish. Businesses report hiring difficulties in a tight labor market, with the NFIB Small Business survey indicating jobs are hard to fill. Manufacturing showed job growth, while construction and retail lagged. Leisure, hospitality, education, and health sectors performed well. Overall, the report is positive but reflects ongoing challenges in wage growth and hiring.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How many jobs were added in the manufacturing sector?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What industries were mentioned as winners in the job market?

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