Goldman Sachs Research recently projected global GDP to rise by 2.8 per cent in 2026.
US economic growth is expected to accelerate to 2.6 per cent, while the GDPs of China and the euro area are likely to expand at 4.8 per cent and 1.3 per cent respectively.
However, job growth across all major developed-market economies has now fallen well below the rates prevailing in 2019.