US Added 528,000 Jobs in July, Topping Estimates

US Added 528,000 Jobs in July, Topping Estimates

Assessment

Interactive Video

Business, Life Skills

University

Hard

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The video discusses the economic recovery to pre-pandemic levels, highlighting changes in private and manufacturing payrolls, a drop in unemployment to 3.5%, and an increase in average hourly earnings. It also notes a decrease in labor force participation and revisions to previous data, concluding with a strong payroll report for July.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the labor force participation rate in June?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the payroll report for July indicate about the economy?

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