Jobless Claims Fall, Reflecting Change to Seasonal Adjustments

The video discusses recent jobless claims, highlighting an increase in non-seasonally adjusted claims and pandemic unemployment assistance. It also covers the trade balance, which was worse than expected, impacting economic growth. The relationship between jobless claims and payrolls is explored, noting their different implications. The trade deficit, particularly with China, is analyzed, showing a significant increase in imports over exports.

What was the non-seasonally adjusted jobless claims number mentioned in the video?

• 1,011,000

• 881,000

• 759,182

• 833,352

How much did the total number of people receiving benefits increase during the job survey week?

• 4 million

• 1 million

• 3 million

• 2 million

What was the expected trade balance figure compared to the actual figure?

• Expected: -50.8 billion, Actual: -63.6 billion

• Expected: -63.6 billion, Actual: -50.8 billion

• Expected: -45.8 billion, Actual: -60.6 billion

• Expected: -60.6 billion, Actual: -45.8 billion

What is the main difference between jobless claims and payroll reports?

• Claims are about job gains, payrolls are about job losses

• Both are about job gains

• Claims are about job losses, payrolls are about job gains

• Both are about job losses

What has been the trend in the trade deficit with China since President Trump took office?

• It has widened

• It has narrowed

• It has remained the same

• It has fluctuated