US Jobless Claims Edge Up as Q1 GDP Revised Higher

What issue did Massachusetts report that affected jobless claims numbers?

• Technical errors

• Fraud

• Natural disasters

• Policy changes

What was the revised GDP growth rate for the first quarter?

• 1.1%

• 1.3%

• 2.9%

• 3.8%

Which component of GDP showed a significant increase in the second report?

• Government spending

• Consumer spending

• Net exports

• Imports

What is a major issue affecting the reliability of jobless claims data?

• High inflation

• Lack of skilled workers

• Excessive government intervention

• Outdated computer systems

What trend was observed in continuing jobless claims?

• Erratic fluctuations

• Little change

• Significant decrease

• Significant increase