Правда за взлётом производительности: экономический рост ≠ увеличение занятости

【Block Rhythm】Recently, an interesting perspective went viral. White House economic advisor Hassett stated on January 9 that while productivity appears to be soaring on the surface and economic growth looks strong, this does not directly translate into a significant increase in employment.

It sounds a bit stinging, but thinking about it carefully makes sense. Increased productivity typically means the same workforce produces higher value output, corporate efficiency improves, but this doesn’t necessarily mean the company must expand hiring. Conversely, sometimes it means doing more with fewer people.

For traders focused on macroeconomic conditions, this signal is worth paying attention to. Beautiful economic data doesn’t mean the employment market will follow suit. These expectation gaps often affect market sentiment and subsequently impact asset allocation strategies. When planning investment portfolios, you can’t just look at GDP or industry indicators—you also need to pay attention to the employment dynamics behind them, which determine consumer spending power and market resilience.