U.S. Adds 201,000 Jobs in August, Wages Unexpectedly Rise

U.S. Adds 201,000 Jobs in August, Wages Unexpectedly Rise

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Interactive Video

Business, Social Studies, Life Skills

University

Hard

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The video discusses the August employment data, highlighting 201,000 jobs created with unemployment steady at 3.9%. Wages rose, marking the highest annual gain since 2009. Revisions showed 50,000 fewer jobs in June and July. The labor force shrank, affecting the participation rate. Sector-specific changes included job losses in manufacturing and gains in transportation. Government and education employment continued to decline.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the participation rate reported in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

Which sector lost jobs according to the report?

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OFF