What’s really happening in America’s economy (Trump and Biden spin aside) | CNN Business

New York CNN  — 

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. You’d think that would mean the economy is coasting, since periods of low unemployment are generally associated with higher rates of economic prosperity.

But there’s a slew of red flags right now — like a large and growing share of people, particularly Gen Zers, taking on such high levels of credit card debt to

→ Continue reading at CNN - Business News

More from author

Related posts

Advertisment

Latest posts

Inflation isn’t keeping Americans from having fun this Memorial Day weekend | CNN Business

New York CNN  —  Americans may be sick and tired of dealing with high prices across pretty much every...

Google Search’s AI falsely said Obama is a Muslim. Now it’s turning off some results | CNN Business

New York CNN  —  Google promised its new artificial intelligence search tools would “do the work for you” and...

Forget moon walking. Scientists want to give moon running a try 

Meghan Rosen is a staff writer who reports on the life sciences for Science News. She earned a Ph.D. in biochemistry and molecular...