Furman: Pace of U.S. Job Growth Is Picking Up

The video discusses the economic challenges faced by the current generation, including student debt and job prospects. It highlights the potential of this educated and diverse generation, emphasizing the importance of choices like income-based repayment and workplace flexibility. The video also examines the unintended consequences of college cost inflation and analyzes labor market trends, including employment rates and job growth.

What are some of the challenges faced by millennials as they enter the workforce?

• Low levels of optimism

• Excessive job opportunities

• Lack of education and skills

• High student debt and limited job prospects

What is one of the measures mentioned to help manage student debt?

• Complete loan forgiveness

• Mandatory savings plans

• Income-based repayment

• Increased interest rates

How has government involvement potentially affected college tuition prices?

• By stabilizing tuition costs

• By contributing to tuition inflation

• By eliminating tuition costs

• By decreasing tuition costs

What trend is observed in the labor market according to the latest jobs report?

• Increasing labor participation rates

• Decreasing labor participation rates

• Stable labor participation rates

• Fluctuating labor participation rates

What is a concern for millennials as they age, according to the discussion?

• Lack of education

• Entitlement programs

• High levels of optimism

• Excessive job opportunities