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U.S. Adds 228,000 Jobs in Nov., Jobless Rate 4.1%

U.S. Adds 228,000 Jobs in Nov., Jobless Rate 4.1%

Assessment

Interactive Video

Business, Social Studies, Life Skills

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

The video discusses the addition of 221,000 jobs in the private sector, with a total of 230,000 new jobs reported after revisions. The unemployment rate remains steady at 4.1%, and the labor force participation rate is stable at 62.7%. A notable increase of 148,000 people in the labor force is observed, recovering from a previous decline. The EU 6 unemployment measure slightly increased to 8%. Average hourly earnings grew by 2.5% year-on-year, which is below expectations.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the total number of new jobs reported?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the unemployment rate mentioned in the text?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How many new people entered the labor force?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the change in the EU 6 unemployment measure?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the year-on-year change in average hourly earnings?

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OFF

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