Big Raises in Store for American Workers in 2022

The video discusses the anticipated wage increase for Americans, with businesses expected to raise pay by an average of 3.9% in 2022, marking the fastest growth since 2008. Additionally, the Labor Department reports a significant drop in unemployment claims to the lowest level since 1969, indicating a strong recovery in the labor market following the coronavirus pandemic.

What is the main topic of the report mentioned in the first section?

• A decrease in unemployment rates

• An increase in American wages

• A rise in inflation rates

• A decline in stock market values

What is the expected average pay raise for 2022?

• 2.5%

• 3.9%

• 4.5%

• 5.0%

Since when has the wage growth not been as fast as it is expected to be in 2022?

• 2015

• 2008

• 2005

• 2010

What was the recent change in unemployment claims?

• Increased by 43,000

• Decreased by 43,000

• Increased by 184,000

• Decreased by 184,000

What does the drop in unemployment claims signify about the labor market?

• It is unpredictable

• It is recovering

• It is stagnant

• It is declining