The article examines the relationship between productivity and economic growth, emphasizing that increased productivity does not always correlate with job creation. The adoption of capital-intensive technologies can boost output but may lead to employment declines, which in turn can reduce aggregate demand and hinder sustainable growth. The author argues that while productivity gains may benefit a select few, they can exacerbate inequality and fail to stimulate overall demand. The analysis suggests that employment growth significantly influences output variance, indicating that declines in employment can adversely affect economic performance. Policymakers are encouraged to focus on strategies that enhance employment and wages to foster sustainable economic growth, rather than solely relying on productivity-boosting measures.