The Disconnect Between Labor and the U.S. Economy

The Disconnect Between Labor and the U.S. Economy

Assessment

Interactive Video

Business, Life Skills

University

Hard

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Quizizz Content

FREE Resource

The video discusses the current economic situation, highlighting the strong performance of the retail sector and payrolls despite a slowdown in GDP growth. It explores the disconnect between the labor market and GDP, attributing the GDP slowdown to reduced business investment, particularly in the oil and commodity sectors. The video also examines the implications of low productivity growth and the lack of business investment, emphasizing the potential long-term issues related to employment and GDP growth. Finally, it provides a positive outlook on upcoming payroll data based on various economic indicators.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors have contributed to the disconnect between payroll growth and GDP growth?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How has business investment spending affected the economy according to the text?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential long-term issues related to the current employment and productivity trends?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways might the current economic situation impact future promises related to pension income and medical benefits?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What indicators suggest that the labor market may continue to show good gains?

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