US Added 223,000 Jobs in December, Topping Estimates

The video discusses the Bureau of Labor Statistics report for December, highlighting the creation of 223,000 jobs, which slightly exceeded forecasts. The unemployment rate dropped to 3.5%, drawing attention on Wall Street. Average hourly earnings increased by 0.3%, lower than expected, and year-over-year earnings fell to 4.6%. Revisions showed a slight decrease in November's job numbers and unemployment rate. The labor force participation rate increased to 62.3%, indicating more people are seeking jobs. Overall, the labor market remains strong, with job creation continuing despite lower earnings growth, which may please the Federal Reserve.

How many jobs were created in December according to the Bureau of Labor Statistics?

• 220,000

• 256,000

• 223,000

• 203,000

What was the change in the unemployment rate from November to December?

• It increased from 3.6% to 3.7%

• It decreased from 3.7% to 3.5%

• It increased from 3.5% to 3.7%

• It remained the same at 3.7%

What was the average hourly earnings increase in December?

• 6/10

• 5/10

• 3/10

• 4/10

What was the revised unemployment rate for November?

• 3.8%

• 3.6%

• 3.5%

• 3.7%

What was the labor force participation rate change?

• It remained the same at 62.3

• It decreased from 62.1 to 61.9

• It increased from 62.1 to 62.3

• It decreased from 62.3 to 62.1