By LEO ROBLES, Opinion Editor
As we approach the end of 2024, the U.S. economy finds itself at a critical status, marked by both recovery and uncertainty.
The effects of the COVID-19 pandemic, political tensions, inflationary pressure and technological advancements have all shaped the economic landscape.
Throughout American history, people have faced multiple encounters in which the entire country is in a very difficult moment.
The pandemic was the event that led to our current generation to be facing a difficult time in human history.
While certain sectors have rebounded, others continue to face challenges.
The economy is growing, but at a pace that raises questions about sustainability, equity and prosperity.
One of the most prominent issues throughout 2024 has been inflation.
Over the past few years, inflation surged to its highest levels in decades.
Inflation remains a persistent concern for many people, particularly when it comes to housing, healthcare, and energy costs.
While the official inflation rate has come down, wage growth has not kept pace, leaving many households struggling to maintain their standard of living.
This imbalance has provoked many people to have a major necessity for jobs than before.
Until this day unemployment seems to remain low, but labor force participation has not fully returned to pre pandemic levels.
Many workers, particularly in sectors like hospitality and retail, are still grappling with the effects of job dislocation, others have shifted to new industries or pursued remote work opportunities.
Unemployment may not be a very noticeable problem at first glance, but it is still a current problem in the United States.
The rise of artificial intelligence in the workplace can be a useful tool but also a threat to some employees.
Technology is creating new jobs and opportunities in fields like AI development, cybersecurity, and renewable energy.
It is debatable whether employees should actually worry about the increase in the use of artificial intelligence.
Of course it is a drastical change into human culture, but we still do not know the full potential of what Artificial Intelligence may offer to the work environment, education and the overall impact in the world.
Political tensions, particularly regarding trade and energy, have also affected the U.S. economy in 2024.
Citizens are proudly showing their disgust with the current political choices being made into the state.
The political opinions are currently very divided right now, and we should at least make an effort in what citizens really want and how this decision can be performed for the advantage of their voice.
Ongoing conflicts in Ukraine and the Middle East have kept energy prices volatile, affecting both consumers and businesses.
These international issues affect the fragility of the global economy and the connection of the market.
The world leaders are the only ones who decided the world’s biggest decisions, we as the people may not have a great impact when it comes to trying to change any of this outcomes.
The only possible thing to be done is making movements and protest so that the country seems obligated into making a decision that rescues their own citizens.
Politics are a very dangerous game in which many innocent people are the ones who suffer the from the changes and outcomes of the decisions made by the world leaders.
Certain sectors of the U.S. economy are experiencing notable growth.
The tech industry continues to be a powerhouse, with advancements in AI, electric vehicles and clean energy driving innovation and investment.
The transition to green energy is gaining momentum, with both the public and private sectors making important investments in renewable energy.
This shift has the potential to create millions of jobs and reduce the country’s reliance on fossil fuels, positioning the United Sates as a possible leader in the global conflict against climate change.
There are still many things to expect from the new use of the energy sources that were once considered secondary energy sourcers.
It will take time to see an actual change in the energy environment, but at least we know there are people doing something. about it.
The U.S. economy in 2024 can be defined as a mixture of resilience and vulnerability.
As the country moves forward, policymakers will need to address these issues to ensure a more inclusive and sustainable economic future.
Balancing technological progress, equity, and stability could be the answer to the current unbalance in the economic structure of the country.
It is fair that citizens claim for a better econmical status in the country they live in.
It is not always in our control to have the potential to change the economy in a country or even a state.
The responsibles of these difficulties are the world leaders and the results of conflicts or any global event is what really affects in the world.
It important to remain patient and trust that there is a possible outcome in the current conflicts that the world is facing.
We should not expect a quick change in the current prices of bills and cost of groceries.
Countries and communities need to reorganize the economical structure in their countries.