Weekly Update | How the Jobs Revision Will Impact the Market | August 21, 2024

Let’s discuss the job revisions and Jackson Hole in this Weekly Update with Brett Witkowski. Today the BLS released its largest negative revision of -818K to payrolls since the financial crisis. This can result from how the economy has changed post-pandemic, like through the rise of gig work.

During this time, we want to focus on two things: the intensity of the current storm and signs that the storm is ending.