U.S. Adds 209,000 Jobs in July, Jobless Rate at 4.3%

The video discusses recent economic data, highlighting revisions in estimates and a decrease in unemployment to 4.3%, the lowest since 2001. Labor force participation increased slightly, but wage growth remains sluggish. Businesses report hiring difficulties in a tight labor market, with the NFIB Small Business survey indicating jobs are hard to fill. Manufacturing showed job growth, while construction and retail lagged. Leisure, hospitality, education, and health sectors performed well. Overall, the report is positive but reflects ongoing challenges in wage growth and hiring.

What was the unemployment rate mentioned in the report, and how does it compare historically?

• 4.3%, the lowest since 2001

• 5.3%, the lowest since 2001

• 4.3%, the highest since 2001

• 5.3%, the highest since 2001

What was the labor force participation rate mentioned in the report?

• 63.9%

• 61.9%

• 60.9%

• 62.9%

What is the main issue businesses are facing according to the NFIB Small Business survey?

• Difficulty in filling jobs

• High employee turnover

• Excessive wage demands

• Lack of skilled workers

Which industry added the most jobs according to the report?

• Education and Health

• Manufacturing

• Retail

• Construction

Which sectors were identified as winners in the employment report?

• Finance and Real Estate

• Leisure and Hospitality, Education and Health

• Technology and Innovation

• Agriculture and Mining