U.S. Job Openings Surge to Record 8.12 Million in April

U.S. Job Openings Surge to Record 8.12 Million in April

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Interactive Video

Business, Social Studies, Life Skills

University

Hard

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The video discusses inflation fears in global markets, focusing on the US labor market's slack with a record number of job openings in March. It highlights significant growth in manufacturing and hospitality job openings. The NFIB report shows a slight decline in small business optimism, with inflation concerns rising as average selling prices increase. Despite many job openings, small businesses face hiring challenges, and the quit rate remains high.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the optimism index reported by the NFIB in April, and how does it compare to February 2020?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What percentage of small businesses reported plans to hire, and what challenges are they facing?

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