,

Weekly Market Recap – August 7, 2023

chart_of_the_week 08-08-2023png

Last week’s employment report painted a nuanced picture of the labor market. While job openings and payroll gains
came in below expectations, wage growth surprised slightly to the upside. This prompts the question: Will wages revert
to their previous easing trend? The answer may hinge on how corporations react to the evolving macroeconomic
environment.

Download Full-Size PDF: