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+--- Thread: American workers are demanding US$78,645 a year to take a new job (/Thread-American-workers-are-demanding-US-78-645-a-year-to-take-a-new-job)
American workers are demanding US$78,645 a year to take a new job - Levin - 22-08-2023
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-workers-are-demanding-almost-80000-a-year-to-take-a-new-job.html