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: Markets (economy)
A market economy is an economic system in which the decisions regarding investment, production and distribution to the consumers are guided by the price signals created by the forces of supply and demand, where all suppliers and consumers are unimpeded by price controls or restrictions on contract freedom.