Biden Touts Strength of January Jobs Report

Biden Touts Strength of January Jobs Report

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Business, Life Skills

University

Hard

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The transcript discusses the strong state of the U.S. economy, highlighting the creation of 517,000 jobs in January and a total of 12 million jobs since the current administration took office. It notes the lowest unemployment rate in 54 years and near-record lows for Black and Hispanic unemployment. The transcript also mentions increased workforce participation and a decline in inflation over six months, with gas prices and food inflation decreasing. Real wages are rising, especially for lower and middle-income workers, and the economy grew by 2.9% last quarter. The Biden economic plan is credited with these positive outcomes.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the reported job creation figure for January?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How many jobs have been created since the speaker took office?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the current unemployment rate mentioned in the text?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What trend is observed in inflation according to the text?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the speaker argue about the Biden economic plan?

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