Tag: January
Posted in WP-8
January 2024 US Labor Market Update: Wage Growth Set to Keep Slowing, Though at an Uncertain Pace
Wage growth is still elevated on a year-over-year basis, but data from the Indeed Wage Tracker points toward a continued slowdown. Key Points: While wage growth is below its peak in late 2021 and early 2022, it remains elevated compared to pre-pandemic levels. Wages grew 3.8% year-over-year in December, according to the Indeed Wage Tracker, …