Will creator economy continue to be a trend?
Image Source: Cryptechie The rise of social media and digital economy in the last few years has given rise to a creator economy. A distinctive type of economy from the traditional economy we all know. People’s thinking about business has changed a lot in the last ten years. Many people who use the internet would […]
Why is the UK economy lagging behind?
Image Source: Mirror The UK economy is struggling, and people are feeling it in their wallets because their wages aren’t going up as fast as prices. The International Monetary Fund (IMF) thinks the UK economy is expected shrink this year while every other major economy expected to grow. The Bank of England also thinks there […]
What’s happened to the economy under Biden?
Image Source: The Hills Times President Joe Biden and his Republican opponents have said he has done a lousy job running the US economy while in office. Republicans have talked about Joe Biden’s recession because inflation is rising, and the stock market has been going down for most of this year. Mr. Biden has said […]
The US economy added 315,000 new jobs in August
Image Source: NPR The US added 315,000 new jobs in August, as the labor market remained strong despite signs of a deteriorating economy. The US labor market lost 22 million jobs at the outbreak of the epidemic in early 2020 but rebounded after the Covid lockdowns were lifted. Despite four-decade-high rates of inflation and weakening […]
The US economy added 528,000 jobs in a surprise gain
Image Source: VOA News Despite high inflation, stricter monetary policy, and limited fiscal support, the US economy unexpectedly added 528,000 jobs in July, and the unemployment rate dropped to a half-century low, easing fears of a recession. In comparison to June, when the economy generated 398,000 jobs—more than twice as many as the 250,000 jobs […]
