Unprecedented ‘Jobless Boom’ Tests Limits of US Economic Expansion
February 18, 2026 at 11:00 AM UTCUpdated on February 18, 2026 at 2:49 PM UTCThe US economy is creating plenty of wealth. It’s just not creating many jobs.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....
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