U.S. Adds 196,000 Jobs in March, Jobless Rate Holds at 3.8%

The video discusses the creation of 196,000 jobs last month, a significant rebound from February. Despite a slight contraction in the labor force, unemployment remains at 3.8%. The participation rate dipped slightly, and earnings showed minimal growth. Health care, professional services, and food sectors saw job increases, while manufacturing and retail experienced declines. The report highlights strong hiring trends, even 10 years into economic expansion, with a three-month average of 180,000 jobs, indicating a robust economy.

How many jobs were created last month, marking a significant rebound from February?

• 180,000

• 20,000

• 33,000

• 196,000

What was the unemployment rate last month?

• 3.5%

• 3.8%

• 3.2%

• 4.0%

Which sector led the job creation with 49,000 new jobs?

• Manufacturing

• Retail

• Food and Drinking Places

• Healthcare

What was the biggest decline in manufacturing jobs since August 2016?

• 49,000 jobs

• 6,000 jobs

• 12,000 jobs

• 34,000 jobs

How is the economic report described in terms of its balance?

• A Goldilocks report

• A challenging report

• An unexpected report

• A disappointing report