U.S. Adds 201,000 Jobs in August, Wages Unexpectedly Rise

The video discusses the August employment data, highlighting 201,000 jobs created with unemployment steady at 3.9%. Wages rose, marking the highest annual gain since 2009. Revisions showed 50,000 fewer jobs in June and July. The labor force shrank, affecting the participation rate. Sector-specific changes included job losses in manufacturing and gains in transportation. Government and education employment continued to decline.

What was the unemployment rate in August?

• 3.7%

• 4.0%

• 3.9%

• 3.8%

How many jobs were lost in manufacturing last month?

• 5,000

• 4,000

• 3,000

• 2,000

What was the change in the participation rate?

• Decreased by 0.2%

• Increased by 0.2%

• Unchanged

• Increased by 0.1%

Which sector added 700 jobs despite the impact of tariffs?

• Retail

• Logging

• Coal mining

• Primary metals

How many jobs were gained in transportation and warehousing?

• 15,000

• 22,000

• 18,000

• 20,000