US Economy Adds 638,000 Jobs In October

US Economy Adds 638,000 Jobs In October

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The transcript discusses a drop in the unemployment rate to 6.9% and highlights industry rebounds in leisure, hospitality, and retail. Despite a better-than-expected economic report, hiring has slowed, and experts warn of growth challenges due to a lack of congressional relief and rising COVID-19 cases. Federal Reserve Chairman Jerome Powell urges Congress to provide more relief, citing ongoing pandemic risks. Economic activity remains below pre-pandemic levels, and the future is uncertain. The US recorded a significant increase in COVID-19 cases, setting a new record.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What did Federal Reserve Chairman Jerome Powell call on Congress to provide?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How many new COVID-19 cases were recorded in the US for Thursday?

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