What an Era of Jobless Growth Means for the US Economy

Market Intelligence Analysis

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Why This Matters

The US economy is expected to experience jobless growth in 2026, driven by capital expenditures and government spending, rather than significant job creation.

Market Impact

Market impact analysis based on neutral sentiment with 80% confidence.

Sentiment
Neutral
AI Confidence
80%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

“This is jobless growth that’s coming through into America,” says Frances Donald, chief economist at Royal Bank of Canada, as she sees US economic growth in 2026 driven by capex and government spending and not requiring a significant amount of job growth. (Source: Bloomberg)

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Original article published by Bloomberg on February 10, 2026.
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