Bill Gross: Jobs Number 'Decent,' Economy Improving

Bill Gross: Jobs Number 'Decent,' Economy Improving

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses President Obama's achievements in improving the labor market, reducing unemployment from over 9% to 4.7%. It highlights the need to address underemployment and achieve higher GDP growth. The conversation shifts to President-elect Trump's proposed trillion-dollar economic program, which aims to boost growth through fiscal spending. However, the importance of enhancing productivity, rather than just increasing resources, is emphasized as crucial for sustainable economic growth.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What achievements has President Obama touted regarding the labor market?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the unemployment rate changed during President Obama's tenure?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the EU 6 underemployment rate mentioned in the text?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the projected economic growth rates mentioned in the discussion?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the speaker suggest is crucial for a healthy economy?

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