U.S. Hiring Stays Strong, Complicating Fed's Inflation Fight

U.S. Hiring Stays Strong, Complicating Fed's Inflation Fight

Assessment

Interactive Video

Social Studies, Business

University

Hard

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The video discusses the U.S. economy's performance in November, highlighting a significant job increase of 263,000, surpassing expectations. Despite low unemployment and rising wages, concerns about inflation persist, prompting the Federal Reserve to consider further interest rate hikes. The video also covers consumer spending trends, noting a potential record holiday sales season and a decrease in gas prices.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the unemployment rate reported in November?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How many jobs did the US economy add in November?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the annual wage growth reported for November?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns are there regarding the Federal Reserve's interest rates?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What percentage of consumers said that holiday spending is critical for them?

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