Wheres My Raise? Wages Lag as Economy Builds Jobs

Wheres My Raise? Wages Lag as Economy Builds Jobs

Assessment

Interactive Video

Business, Social Studies, Life Skills

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the paradox of job creation and falling wages, exploring supply and demand dynamics, labor force participation, and historical wage trends. It highlights the Federal Reserve's dilemma in deciding interest rates amidst debates on full employment and inflation. Upcoming economic indicators and insights from the Fed are anticipated.

Read more

5 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the jobless rate mentioned in the text, and how does it compare to historical rates?

Evaluate responses using AI:

OFF

2.

OPEN ENDED QUESTION

3 mins • 1 pt

According to Mike McKee, what factors contribute to the falling wages despite job creation?

Evaluate responses using AI:

OFF

3.

OPEN ENDED QUESTION

3 mins • 1 pt

What does Janet Yellen believe is necessary for raising interest rates?

Evaluate responses using AI:

OFF

4.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the relationship between wages and workers changed in recent years according to the text?

Evaluate responses using AI:

OFF

5.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the differing opinions among economists regarding the current state of employment and wages?

Evaluate responses using AI:

OFF