Behind the Markets Podcast · Friday, August 7, 2026
Despite a weaker-than-expected payroll increase, the US unemployment rate actually decreased in the latest jobs report. This suggests the labor market remains relatively tight, with fewer people actively seeking jobs.
“And and what validates that statement is, where you could, the fact that the unemployment rate is not increasing.”
“In fact, decreasing.”
“So it isn't that, you know, my god, you know, people are being left out and looking for jobs.”