U.S. Adds 145,000 Jobs in December, Jobless Rate Holds at 3.5%

U.S. Adds 145,000 Jobs in December, Jobless Rate Holds at 3.5%

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Business, Social Studies, Life Skills

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Hard

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The video discusses the U.S. economic indicators for December 2019, highlighting an unchanged unemployment rate at 3.5% and a stable participation rate of 63.2%. Earnings showed a slight increase, but job gains from previous months were revised down. Manufacturing faced job losses, possibly due to tariffs, while construction and retail sectors saw job gains. The household survey reported job creation and a stable unemployment rate. The EU six rate, which includes discouraged workers, reached a record low of 6.7%.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the unemployment rate reported in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the participation rate mentioned in the text?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact did tariffs have on the manufacturing sector according to the text?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How many jobs were created according to the Household survey?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the EU six unemployment rate mentioned, and why is it significant?

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