U.S. Adds 235,000 Jobs in August, Unemployment Rate Falls to 5.2%

U.S. Adds 235,000 Jobs in August, Unemployment Rate Falls to 5.2%

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Business

University

Hard

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The video discusses the creation of 235,000 jobs in August, a number lower than expected. The unemployment rate decreased to 5.2%, reflecting 8.4 million unemployed individuals. Concerns about the COVID variant's impact on the job market are highlighted. Private payrolls increased, but manufacturing payrolls were revised down. The July job numbers were revised up, adding 110,000 more jobs than initially reported.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How many jobs were created in the month of August according to the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the unemployment rate reported in the text?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the unemployment rate of 5.2% reflect in terms of the number of unemployed people?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns were mentioned regarding job creation in August?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the revised number of jobs created in July?

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