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At 4.3% now, unemployment remains historically low. But wait, there’s context: Job creation has been slowing down in the face of high interest rates, which make it harder for businesses to expand.
The US economy is on the verge of an extremely rare achievement. Economic growth in the first half of the year was solid, with the economy expanding a robust 2.8% annualized rate in the second ...
The US economy is giving off weird vibes right now. There are millions of job openings and the unemployment rate is low. In fact, it hasn’t been this low for such a long stretch of time in decades.
The economy is on solid footing as inflation continues to come down and the labor market is stable enough to keep the Fed satisfied. The stock market finished another gangbusters year, up 24%.
The United States has a highly developed mixed economy. [44] [45] [46] It is the world's largest economy by nominal GDP and second largest by purchasing power parity (PPP). [47]As of 2024, it has the world's sixth highest nominal GDP per capita and eighth highest GDP per capita by PPP). [10]
The American economy expanded at a healthy 2.8% annual pace from July through September on strong consumer spending and a surge in exports, the government said Wednesday, leaving unchanged its ...