By Andrew Moran The U.S. economy created a higher-than-expected 208,000 new jobs in June while the unemployment rate ticked up, offering a mixed assessment of the current labor market at a time when the broader economy is showing signs of cooling down. In the first six months of 2024, the U.S. economy created around 1.3 […]
Tag: Economic Recession
In economics, a recession is a business cycle contraction when there is a general decline in economic activity. Recessions generally occur when there is a widespread drop in spending.