U.S. Adds 148,000 Jobs in Dec., Jobless Rate at 4.1%

U.S. Adds 148,000 Jobs in Dec., Jobless Rate at 4.1%

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Interactive Video

Business, Social Studies

University

Hard

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The video discusses the jobless rate, which remains steady at 4.1%, and average hourly earnings, which show modest growth. Revisions to previous months' data indicate a slight decrease in job numbers. The participation rate holds steady, while hours worked per week are consistent. Employment in private sectors shows growth, particularly in manufacturing, healthcare, and construction, but retail jobs decline significantly.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What were the job gains in the private employment sector?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

Which sector saw a decline in jobs, and by how many?

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