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How to explain US economy’s 4% growth and no jobs

How to explain US economy’s 4% growth and no jobs

The U.S. economy is experiencing a puzzling 4% growth with minimal job creation, a phenomenon not seen in 60 years. While corporate capital expenditures soar, the Federal Reserve is easing due to labor market concerns. This dichotomy is attributed to either successful AI implementation amid falling labor supply or broad business caution and a narrow AI-led capex boom.

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