Is a rising stock market good for workers? Usually... EXCEPT for RIGHT NOW! 😱
Look at the Dow Jones vs. Employment from 1995-2019... 👀
It's like two snakes slithering in unison as the years roll by...
Which makes sense: If you want to grow your business, you usually need to hire people to grow it.
BUT now look at 2020 to Today: No more snakes, no more unison.
Just two ships passing in the night! 🚢 ⛴️
In other words: Big growth, just no more people driving it.
➡ So what's going on here? 🤔
1️⃣ Is this a momentary blip driven by all the AI craziness?
2️⃣ Or is this a new normal where companies can now grow revenue without growing payrolls?
Let me know in the Comments! 🙌