The US economy is growing – so where are all the jobs?
FEB 13 - When 42-year-old Jacob Trigg lost his job as a project manager in the tech industry he didn't think it would take too long to find a new one - he Kenya breaking news | Kenya news today |..
✨ Key Highlights
Despite robust economic growth in the US, job seekers like Jacob Trigg and James Richardson are facing unprecedented difficulties finding employment, with applications numbering in the thousands and unemployment stretching for months. This situation has led to concerns about a potential "jobless growth" era, possibly influenced by new technologies like Artificial intelligence (AI) and structural economic shifts.
- The US economy expanded at a robust annual pace of 4.4% in recent figures, yet only added an average of 15,000 jobs per month last year.
- Goldman Sachs released a widely cited report suggesting the US could be facing a new period of "jobless growth" due to AI and new technologies.
- Constantin Burgi, a professor of economics at University College, Dublin, explains that such a decoupling of job gains and economic growth often signifies a structural shift.
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US States Sue Trump Administration Over Funding Cuts; Tariffs Burden Consumers Amid Jobless Growth Concerns - February 2026
California and three other U.S. states have filed a lawsuit against the Trump administration, challenging its plan to cut over $600 million in public health grants. The states allege the cuts are politically motivated and violate federal law. A separate new study reveals that tariffs imposed by the Trump administration in 2025 primarily burdened U.S. importers and consumers, rather than foreign exporters. Meanwhile, despite robust economic growth in the US, job seekers report facing unprecedented difficulties finding employment. This situation has led to concerns about a potential "jobless growth" era, possibly influenced by new technologies and economic shifts.
