Our investment and economic outlook, August 2023

Also Interesting

• Seven steps to ESG integration – the Robeco approach
• The LIBOR spike
• Uncertainty Has Seldom Been Higher

A funny thing has happened in the U.S. labor market since the ratio of job vacancies to unemployment (V/U) started to fall early this year: The pace of monthly wage growth has accelerated. Typically, a declining V/U—a sign of labor market softening—is accompanied by slowing wage growth.