ADP November Report Falls Short on 208K Jobs Added

The video discusses recent jobs data, highlighting the ADP employment report which shows 208,000 private jobs created in November, slightly below expectations. Despite this, hiring remains strong. Upcoming economic indicators like the ISM non-manufacturing index and the Fed's Beige Book are anticipated, leading up to Friday's jobs report, expected to show a gain of 230,000 jobs with an unemployment rate of 5.8%.

How many private jobs were created in November according to the ADP report?

• 200,000

• 230,000

• 222,000

• 208,000

What does the private jobs report indicate about the labor market?

• The labor market is declining.

• The labor market is on pace.

• The labor market is stagnant.

• The labor market is slowing down.

How many months out of the last eight have seen private job gains over 200,000?

• Eight

• Seven

• Six

• Five

What is the expected job gain in Friday's report?

• 222,000

• 250,000

• 208,000

• 230,000

What is the expected unemployment rate in the upcoming jobs report?

• 5.8%

• 6.2%

• 5.5%

• 6.0%