Tag: Pace
Posted in WP-8
US Posted Wage Growth Gets Closer to Its Pre-Pandemic Pace
The latest data from the Indeed Wage Tracker shows posted wages are now growing at less than half their peak rate. Indeed Wage Tracker data series are available for download here. For details about the data and methodology, please see Pawel Adrjan and Reamonn Lydon’s working paper, “What do wages in online job postings tell …
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, …