U.S. Adds 75,000 Jobs in May, Jobless Rate Holds at 3.6%

U.S. Adds 75,000 Jobs in May, Jobless Rate Holds at 3.6%

Assessment

Interactive Video

Business, Social Studies, Life Skills

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the lack of wage pressure due to minimal job creation, with 75,000 jobs created in May and revisions for March and April canceling them out. Average hourly earnings rose slightly, and the unemployment rate remained steady at 3.6%. The labor force participation rate was unchanged, with weak hiring and job losses mainly in retail. Some job gains were seen in manufacturing and construction, but losses occurred in tariff-affected industries.

Read more

5 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the net change in jobs created in May according to the text?

Evaluate responses using AI:

OFF

2.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the average hourly earnings change, and what does this indicate about wage pressure?

Evaluate responses using AI:

OFF

3.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the unemployment rate mentioned in the text, and how does it compare to previous months?

Evaluate responses using AI:

OFF

4.

OPEN ENDED QUESTION

3 mins • 1 pt

Which sectors experienced job losses, and what were the approximate numbers?

Evaluate responses using AI:

OFF

5.

OPEN ENDED QUESTION

3 mins • 1 pt

What trends were observed in the manufacturing and construction sectors?

Evaluate responses using AI:

OFF