<p>Since mid-2025, the U.S. economy has shown characteristics of "no job growth" and a "K-shaped recovery." The article analyzes the causes of the "K-shaped economy," including economic slowdown, monetary easing, and the impact of Trump policies, and explores whether the economy can move beyond the "K-shaped" characteristics in the future</p>

- Since mid-2025, the U.S. economy has exhibited characteristics of "jobless growth" and a "K-shaped recovery," marked by high GDP growth despite declining employment.  
- The disparity in income and wealth distribution has widened, with high-income households experiencing significant consumption growth compared to low-income groups, driven by factors including economic slowdown, monetary easing, and the effects of the Trump administration.  
- Looking ahead to 2026, the economy may shift from "jobless growth" to "low employment growth," but the persistent "K-shaped" characteristics could remain, challenging equitable wealth distribution.

Two Americas: Causes and Solutions of the "K-shaped Economy"