U.S. Jobless Claims Decrease to Lowest Level in 7 Weeks

U.S. Jobless Claims Decrease to Lowest Level in 7 Weeks

Assessment

Interactive Video

Business

University

Hard

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The video discusses the latest jobless claims, which are 280,000, better than the expected 290,000. This is an improvement from last week's 289,000 claims. The video explores how these figures might influence market reactions, suggesting that markets could respond positively to the better-than-expected data, although there is a possibility of a negative reaction if the 'good news is bad news' perspective is considered.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the actual number of initial jobless claims reported?

290,000

270,000

280,000

300,000

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did the actual jobless claims compare to the economists' estimates?

They matched the estimates

They were higher than expected

They were significantly higher

They were lower than expected

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

By how much did the jobless claims improve compared to the previous week?

10,000

9,000

8,000

11,000

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one possible market reaction to the jobless claims data?

Markets will remain unchanged

Markets may react positively

Markets will definitely fall

Markets will definitely rise

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What alternative interpretation of the jobless claims data is mentioned?

Good news is good news

Good news is bad news

Bad news is bad news

Bad news is good news