U.S. Employers Add 287,000 Jobs in June Beating Estimates

U.S. Employers Add 287,000 Jobs in June Beating Estimates

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses job market statistics, highlighting a gain of 287,000 jobs in June, the best since October 2015, surpassing economist estimates. The unemployment rate rose slightly to 4.9%, while average hourly earnings increased by only 0.1%. Revisions to previous months' job numbers are noted, with May's figures revised down to 11,000. Job gains were seen in leisure, hospitality, healthcare, and financial activities, while private payrolls fell by 6,000 in May, marking the first decline since 2010. The labor force participation rate remained stable at 62.7%, with the average workweek at 34 hours.

Read more

2 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the average hourly earnings gain in June?

Evaluate responses using AI:

OFF

2.

OPEN ENDED QUESTION

3 mins • 1 pt

What sectors saw job gains in June?

Evaluate responses using AI:

OFF