U.S. Job Openings Surge to Record 8.12 Million in April

The video discusses inflation fears in global markets, focusing on the US labor market's slack with a record number of job openings in March. It highlights significant growth in manufacturing and hospitality job openings. The NFIB report shows a slight decline in small business optimism, with inflation concerns rising as average selling prices increase. Despite many job openings, small businesses face hiring challenges, and the quit rate remains high.

What is the main reason for inflation fears in global markets according to the video?

• High unemployment rates

• Record job openings in the US

• Decreasing consumer demand

• Rising oil prices

Which sector saw a significant increase in job openings in March?

• Healthcare

• Technology

• Manufacturing

• Education

What was the NFIB small business optimism index in April?

• 102.3

• 99.8

• 97.6

• 104.5

How much did the net percentage reporting an increase in average selling prices rise to?

• 28

• 36

• 11

• 44

What was the quit rate in March?

• 2 million

• 5 million

• 3.5 million

• 4 million