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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 …

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Continue Reading... US Posted Wage Growth Gets Closer to Its Pre-Pandemic Pace
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April 2024 Labor Market Update: Posted Wage Growth Is Declining Across Sectors, but Not at the Same Rate

Despite a broad slowdown, posted wage growth is still pretty strong in several categories, with childcare standing out for consistent growth. Key Points: U.S. posted wage growth as measured by the Indeed Wage Tracker slowed to an annual pace of 3.1% in March, equal to its pre-pandemic, 2019 average. Wage growth slowed from a year …

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Continue Reading... April 2024 Labor Market Update: Posted Wage Growth Is Declining Across Sectors, but Not at the Same Rate
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July 2024 Labor Market Update: Slowdown in Posted Wage Growth Suggests the Market Has Found a Groove

In a sign of a rebalanced labor market, growth in wages and salaries advertised in job postings has leveled off at its pre-pandemic pace. Key points: Annual posted wage growth has registered 3.1% in each of the past three months and is in line with the pre-pandemic average. This stabilization is broad-based, with steady wage …

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Continue Reading... July 2024 Labor Market Update: Slowdown in Posted Wage Growth Suggests the Market Has Found a Groove