初请失业金降温与生产率猛增同框 AI洪流之下美国经济“软着陆”底色愈发清晰

Group 1 - The core point of the article highlights that U.S. labor productivity accelerated in Q3 to its strongest growth in two years, driven by AI advancements, which is helping to suppress wage-driven inflation pressures [1][2][4] - The annualized growth rate of non-farm productivity in the U.S. reached 4.9%, significantly exceeding the market expectation of 3%, and was an increase from the revised 4.1% in Q2 [1][4] - Initial jobless claims rose by 8,000 to 208,000, slightly below the expected 210,000, indicating a resilient labor market despite the increase [1][4] Group 2 - The decline in unit labor costs by 1.9% for two consecutive quarters marks a significant trend, indicating that productivity gains are effectively controlling wage inflation [2][4][7] - The report indicates that U.S. economic growth remains robust, with a 5.4% annualized increase in output, suggesting a divergence in the labor market where it is softening but not collapsing [4][8] - Recent data from ADP shows an increase of 41,000 jobs in December, suggesting a potential mild expansion in the job market, which aligns with the narrative of a "soft landing" for the economy [8][9]