U.S. Adds 156,000 Jobs in Dec., Jobless Rate at 4.7%

U.S. Adds 156,000 Jobs in Dec., Jobless Rate at 4.7%

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Business

University

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The video discusses the U.S. unemployment rate, which increased slightly to 4.7%, and highlights wage growth with average hourly earnings rising by 0.4%. It reviews job growth in 2016, noting a total of 2.2 million jobs added, marking the sixth consecutive year of such growth. The video also details sector-specific job gains, particularly in healthcare, social assistance, and manufacturing, while noting losses in mining, logging, and construction. Additionally, it mentions revisions to previous data for September and October.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the unemployment rate mentioned in the video?

4.5%

4.7%

5.0%

4.9%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much did the average hourly earnings increase by?

0.2%

0.3%

0.5%

0.4%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the total job growth in 2016?

2.5 million

1.5 million

2.0 million

2.2 million

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which sector experienced the largest job gains?

Healthcare

Manufacturing

Mining

Construction

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which sector saw the biggest drop in jobs?

Social assistance

Transportation

Temporary health services

Healthcare