Nearly 3.2 Million Americans Filed For Unemployment Last Week

The video discusses the recent unemployment claims in the US, with 33.5 million people filing over seven weeks, representing about 1/5 of the workforce. It highlights the loss of over 20 million jobs in the private sector, mainly in services. The US GDP fell by 4.8% in the first quarter, the worst since the Great Recession. Federal Reserve Chair Jerome Powell warns of worse economic data in the second quarter due to the pandemic's impact.

What fraction of working Americans have filed for unemployment benefits in the last seven weeks?

• 1/4

• 1/5

• 1/3

• 1/6

Which sector experienced the majority of job losses last month?

• Agriculture

• Technology

• Manufacturing

• Service

How many jobs were lost in the private sector last month?

• 25 million

• 10 million

• 15 million

• 20 million

At what annual rate did the US GDP fall during the first quarter of the year?

• 6.8%

• 5.8%

• 4.8%

• 3.8%

What is the expected trend for the economic data in the second quarter according to Federal Reserve chair Jerome Powell?

• Stability

• Improvement

• Worsening

• No change