Unprecedented ‘Jobless Boom’ Tests Limits of US Economic Expansion [Bloomberg]Forecasters expect Friday’s report on gross domestic product to show the economy expanded 2.7% in 2025, a solid pace by any standard for a developed country. But employment barely grew, and the combination is drawing comparisons to the infamous “jobless recovery” of the early 2000s that followed the tech bubble and collapse…. “We have never seen anything later in an expansion like what we are seeing today, and that’s w...
Continue Reading
Sign up for FREE to read the full article and access 143K+ alternative investment headlines.