Biden Touts Job Gains, Acknowledges Inflation Pressures

Biden Touts Job Gains, Acknowledges Inflation Pressures

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Interactive Video

Business, Social Studies, Life Skills

University

Hard

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The video discusses the significant economic recovery in America, highlighting the creation of 678,000 new jobs in February and a total of 7.4 million jobs during the presidency. The unemployment rate has fallen to 3.8%, the fastest decline in history. Despite tight family budgets, many Americans are earning more than last year. Job gains are broad across various sectors, and workers without high school degrees have seen record low unemployment rates. Wage growth is notable in sectors like transportation and warehousing. The progress in fighting COVID-19 allows Americans to return to work safely. However, inflation remains a challenge, and controlling prices is a top priority.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What sectors saw some of the strongest wage gains in February?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the 75% vaccination rate mentioned in the text?

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