full transcript
From the Ted Talk by Andrew McAfee: Are droids taking our jobs?
Unscramble the Blue Letters
The gaert Recession ended when acimaern GDP resumed its kind of slow, steady march upward, and some other economic indicators also started to rebound, and they got kind of healthy kind of qiuckly. Corporate profits are quite high; in fact, if you include bank poirtfs, they're higher than they've ever been. And business investment in gear — in equipment and hardware and software — is at an all-time high. So the bssuieness are getting out their checkbooks. What they're not really doing is hiring. So this red line is the employment-to-population ratio, in other words, the pcgnaertee of working-age people in America who have work. And we see that it cratered during the Great recsesion, and it hasn't started to bounce back at all.
Open Cloze
The _____ Recession ended when ________ GDP resumed its kind of slow, steady march upward, and some other economic indicators also started to rebound, and they got kind of healthy kind of _______. Corporate profits are quite high; in fact, if you include bank _______, they're higher than they've ever been. And business investment in gear — in equipment and hardware and software — is at an all-time high. So the __________ are getting out their checkbooks. What they're not really doing is hiring. So this red line is the employment-to-population ratio, in other words, the __________ of working-age people in America who have work. And we see that it cratered during the Great _________, and it hasn't started to bounce back at all.
Solution
- recession
- businesses
- profits
- percentage
- american
- quickly
- great
Original Text
The Great Recession ended when American GDP resumed its kind of slow, steady march upward, and some other economic indicators also started to rebound, and they got kind of healthy kind of quickly. Corporate profits are quite high; in fact, if you include bank profits, they're higher than they've ever been. And business investment in gear — in equipment and hardware and software — is at an all-time high. So the businesses are getting out their checkbooks. What they're not really doing is hiring. So this red line is the employment-to-population ratio, in other words, the percentage of working-age people in America who have work. And we see that it cratered during the Great Recession, and it hasn't started to bounce back at all.
Frequently Occurring Word Combinations
ngrams of length 2
collocation |
frequency |
digital technologies |
3 |
digital tools |
3 |
human history |
3 |
labor force |
2 |
job growth |
2 |
couple examples |
2 |
knowledge workers |
2 |
ken jennings |
2 |
huge digital |
2 |
endless debate |
2 |
big developments |
2 |
infinitely multiplying |
2 |
digital technology |
2 |
Important Words
- america
- american
- bank
- bounce
- business
- businesses
- checkbooks
- corporate
- cratered
- economic
- ended
- equipment
- fact
- gdp
- gear
- great
- hardware
- healthy
- high
- higher
- hiring
- include
- indicators
- investment
- kind
- line
- march
- people
- percentage
- profits
- quickly
- ratio
- rebound
- recession
- red
- resumed
- slow
- software
- started
- steady
- upward
- words
- work