December Marked A Decade Of Job Gains In The U.S.

The US job market saw 145,000 new hires last month, falling short of Wall Street expectations. Despite this, significant job gains were noted in retail, healthcare, and hospitality sectors. The unemployment rate remains steady at 3.5%. Analysts suggest not to worry about the lower-than-expected job additions, as only 100,000 jobs per month are needed to match population growth. In 2019, the US economy added 2.1 million jobs, which is 600,000 less than the previous year.

What was the number of new hires reported by the Bureau of Labor Statistics last month?

• 175,000

• 100,000

• 200,000

• 145,000

Which sectors saw notable job gains despite the overall shortfall?

• Transportation, Energy, and Real Estate

• Retail, Healthcare, and Hospitality

• Technology, Finance, and Education

• Manufacturing, Agriculture, and Construction

According to analysts, how many jobs need to be added monthly to match population growth?

• 200,000

• 100,000

• 150,000

• 50,000

How many jobs did the US economy add in 2019?

• 3.0 million

• 1.5 million

• 2.1 million

• 2.7 million

How did the job growth in 2019 compare to the previous year?

• It was 600,000 more

• It was 600,000 less

• It was 1 million more

• It was the same