Bức tranh đằng sau sự tăng trưởng năng suất: Tăng trưởng kinh tế ≠ Tăng việc làm

【Block Rhythm】A interesting viewpoint has been viral recently. White House economic advisor Hassett said candidly on January 9 that on the surface, productivity is surging and economic growth looks strong, but this does not directly equate to a significant increase in employment.

It sounds a bit striking, but thinking about it carefully also makes sense. Improved productivity usually means the same workforce produces higher value, enterprise efficiency goes up, but it doesn’t necessarily mean expanding hiring. On the contrary, sometimes it’s actually doing more with fewer people.

For traders paying attention to macroeconomic trends, this signal is worth noting. Good economic data doesn’t mean the employment market will follow suit. This kind of expectation gap often affects market sentiment and subsequently impacts asset allocation strategies. When planning investment portfolios, you can’t only look at GDP or industry indicators, but also need to pay attention to the employment dynamics behind it, which determines consumer spending power and market resilience.