321,000 Jobs Added in November

321,000 Jobs Added in November

Assessment

Interactive Video

Business, Social Studies, Life Skills

University

Hard

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The video discusses the labor market's performance in November, highlighting the addition of 321,000 jobs, the steady unemployment rate at 5.8%, and the concerns about stagnant wages. Despite the positive job growth, some jobs are not high-paying, and wage growth remains a concern. However, average hourly earnings exceeded expectations, and the three-month job average is strong. There is a slight improvement in long-term unemployment, but challenges remain, as evidenced by recent minimum wage protests, indicating that not everyone benefits from economic growth.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How many jobs were added in the month of November?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the unemployment rate mentioned in the report?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the average hourly earnings for November compared to economists' expectations?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the report suggest about the long-term unemployed?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns were raised about the job market despite the positive indicators?

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