US Employers Added Fewer Jobs in June Than Projected

US Employers Added Fewer Jobs in June Than Projected

Assessment

Interactive Video

Business, Life Skills

University

Hard

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The video discusses recent economic data, highlighting a surprising drop in private payrolls and a decrease in the unemployment rate to 3.6%. Despite stronger-than-expected average hourly earnings, the labor market appears weaker than anticipated, with significant revisions to previous months' data. The construction and government sectors show employment growth, while the overall labor market slowdown raises questions about future economic conditions.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How did average hourly earnings change from May to June, and what was the year-over-year percentage?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What trends were observed in construction hiring and government employment during the reported month?

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