Here's What to Expect for the U.S. Labor Market

Here's What to Expect for the U.S. Labor Market

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the tightest labor market in 50 years and its implications for 2018, highlighting potential overestimations of market profitability due to the tax bill. It examines how the Federal Reserve might respond to economic changes, particularly with new leadership. The political ramifications of the tax overhaul, especially for the GOP and upcoming elections, are also explored.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential ramifications of a tight labor market as discussed in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How might the tax bill impact the retail industry according to the speaker?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns are raised regarding the Federal Reserve's response to an overheated economy?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What implications does the speaker suggest the tax overhaul could have for the GOP and President Trump?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways does the speaker compare the current tax bill to Obamacare in 2010?

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