#job-growthloss

#job-growthloss

For most companies, there's roughly a 12-month period where the business is at its peak value, and then it crashes out. The companies that capture generational returns are often the ones where someone spies that moment instead of assuming the good times will get even better.

Last summer, Bank of America Research predicted a " sea change" in the economy as companies showed increasing signs of learning how to be productive with fewer workers, putting process over people. Six months later, analysts see another year of growth-in GDP, not new jobs. It rhymes with another projection, from Goldman Sachs, that " jobless growth " could become the new normal in the 2020s.