U.S. Unemployment Hit 50-Year Low In September, With 3.5% Unemployment

U.S. Unemployment Hit 50-Year Low In September, With 3.5% Unemployment

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Business

University

Hard

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The video discusses job growth in sectors like healthcare and business services, with revised job numbers showing more jobs than initially estimated. However, the country added fewer jobs than expected, and income inequality has reached a 50-year high due to factors like stagnant wages, decline of organized labor, and tax policies favoring the wealthy.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the total number of jobs added compared to economists' expectations?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some reasons for stagnant wages mentioned in the text?

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