US Economy Booms, Jobs Hide Like They Owe Us Money
KEY POINTS
- •Despite a strong GDP growth of 4.3% in Q3 2025, job growth remains sluggish.
- •Big Tech firms like Amazon, Microsoft, and Meta led layoffs amid surging investments in AI.
- •Unemployment reached 4.6%, the highest since 2021, with consumers spending heavily on healthcare despite low income growth.
In 2025, America isn’t just experiencing growth—it’s staging a 'jobless boom' fit for a Silicon Valley ghost story. While GDP soared to a Trump-approved 4.3% last quarter, powered by Big Tech’s AI splurges from Amazon to Meta, actual jobs vanished faster than good Wi-Fi at a family reunion. Economists like KPMG’s Diane Swonk admit firms 'overshot' their staffing calls during last hiring frenzy and now master the art of layoffs and freezes like black belts. Meanwhile, unemployment hits 4.6%, the highest since 2021, and job seekers report applying to thousands of roles only to be ghosted or AI-zapped. Healthcare spending rose as Americans poured cash into medical bills reminiscent of the 2022 Omicron wave—because apparently, health inflation enjoys a party, too. The 'Great Freeze' traps workers between stubborn tariffs, AI replacing humans, and bosses chanting 'do more with less,' turning the labor market into a bad sequel no one asked for.
Share the Story
The economy’s throwing a rager with AI and cash flow, but surprise—jobs didn’t get the invite and they're ghosting harder than your ex.
Big Tech’s AI binge is basically 'Hunger Games' for white-collar jobs: may the odds never be in your favor.
AI’s doing more with less, which sounds like every dating app pitch but here it’s for your career prospects.
Source: Businessinsider | Published: 12/26/2025 | Author: Noah Sheidlower,Juliana Kaplan,Ayelet Sheffey
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