American workers are demanding US$78,645 a year to take a new job
#1

PUBLISHED MON, AUG 21 202311:00 AM EDTUPDATED MON, AUG 21 202312:03 PM EDT
Jeff Co


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the minimum acceptable salary offer to switch jobs, rose to US$78,645 during the second quarter of 2023.

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Over the past three years, which entails the Covid-19 pandemic era, the level has risen more than 22%.

The number is significant in that wages increasingly have been recognized as a driving force in inflation. While goods prices have abated since pushing overall inflation to its highest level in more than 40 years in mid-2022, other factors continue to keep it well above the Fed’s targeted rate of 2%.

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more signs of a tight labor market raise the likelihood that policymakers will keep interest rates higher for longer.


https://www.cnbc.com/2023/08/21/american...w-job.html
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