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 …

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Continue Reading... US Posted Wage Growth Gets Closer to Its Pre-Pandemic Pace
Posted in WP-8

February 2024 US Labor Market Update: Tech Jobs May Be Below Pre-Pandemic Levels, but In-Person Sectors Holding Steady

High-profile tech layoffs are making news, but are not echoed across the job market as a whole. Key Points: Tech-related job postings are 25% below pre-pandemic levels, declining 2.7% in the last three months. Postings in sectors with a high share of remote-eligible roles have declined as well, falling to 8% below pre-pandemic baselines, while …

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Continue Reading... February 2024 US Labor Market Update: Tech Jobs May Be Below Pre-Pandemic Levels, but In-Person Sectors Holding Steady