US Economy Booms While Job Market Stagnates in Unusual Split

What Happened The US economy is currently displaying contradictory signals that economists describe as a “Dr. Jekyll and Mr. Hyde” scenario. On one hand, financial markets are celebrating with the S&P 500 and other major indices hitting record levels throughout early 2025. Gross Domestic Product (GDP) growth has surged above 4 percent, indicating robust economic expansion that would typically signal a healthy, booming economy. However, beneath these positive headlines lies a troubling reality: job creation has essentially frozen.