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

  1. recession
  2. businesses
  3. profits
  4. percentage
  5. american
  6. quickly
  7. 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

  1. america
  2. american
  3. bank
  4. bounce
  5. business
  6. businesses
  7. checkbooks
  8. corporate
  9. cratered
  10. economic
  11. ended
  12. equipment
  13. fact
  14. gdp
  15. gear
  16. great
  17. hardware
  18. healthy
  19. high
  20. higher
  21. hiring
  22. include
  23. indicators
  24. investment
  25. kind
  26. line
  27. march
  28. people
  29. percentage
  30. profits
  31. quickly
  32. ratio
  33. rebound
  34. recession
  35. red
  36. resumed
  37. slow
  38. software
  39. started
  40. steady
  41. upward
  42. words
  43. work