Five charts to start your day

1. Few workers are need these days to generate $1 million in revenue

Source: Jeroen Blokland,

https://twitter.com/jsblokland/status/1684637630154051585?s=20

• The S&P 500 has become 70 percent less worker-intensive than in the 1980s due to technology innovations, reducing the impact of wage swings on earnings.

• Despite rising wages and a hiring spree, investors are not overly concerned about wage pressures affecting profits for large-cap companies.