Oddbean new post about | logout
 US workers seeking record wages to consider new jobs, New York Fed says
==========

The lowest wage Americans said they were willing to accept to take a new job reached a record high in March, according to new data from the New York Federal Reserve. The average reservation wage was $81,822, up from $73,391 in the previous report. The increase was driven by men, respondents over the age of 45, and those without college degrees. The report also found declining satisfaction with wage and non-wage compensation in March, while satisfaction with promotion opportunities held steady. Despite workers seeking higher wages, employers were offering lower starting wages, with the average offer at $73,668 in March compared to $79,160 in November.

#UsWorkers #Wages #NewYorkFed

https://www.investing.com/news/economy/us-workers-seeking-record-wages-to-consider-new-jobs-new-york-fed-says-3378743