Job Gains Continue To Fall Short Of Expectations In August

Job Gains Continue To Fall Short Of Expectations In August

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Social Studies, Life Skills, Business

University

Hard

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The US employment report shows 130,000 new hires in August, falling short of Wall Street's expectations. The unemployment rate remains steady at 3.7%, with labor force participation at a six-year high of over 63%. Revised job growth numbers for June and July lower the 2019 average to 158,000 jobs per month, down from 223,000 in 2018. The manufacturing sector is affected by the US-China trade war, but there are positive signs such as increased paychecks and longer workweeks.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact has the manufacturing sector faced according to the report?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What positive signs were noted in the government's report?

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