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Joined 1 year ago
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Cake day: June 16th, 2023

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  • So:

    The average reservation wage of U.S. jobs seekers — the lowest annual pay workers would accept for a new job — climbed to a record high of $78,645 in July, up from $72,873 at the same time last year, according to the survey.

    Combined with:

    Yet the average full-time wage offer received in the past four months was $69,475, itself a marked increase from $60,764 last July.

    So that’s a ~13.5% increase in full-time wage offers vs a ~7.5% increase in ask. This seems like a non-story then, yes? Inflation has pushed wages higher which has pushed expectations higher. However, the offer increase is higher than the ask increase so… Am I missing something here?