Tag: Wage
Wage Growth Has Slowed but Remains High in Much of Europe – And Looks Poised To Stay That Way in the Near Term
We expect annual growth in compensation per employee in the euro area to rise to 5.0% in the second quarter of 2024 before declining further. Key Points: Wages in job postings, as measured by the Indeed Wage Tracker, grew at an annual rate of 3.1% in the US, 7.0% in the UK and 3.7% in …
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 …
Global Wage Growth: Slowing Down in the Euro Area, UK, and US
Annual growth in wages advertised in job postings slowed as the labour market loosened in 2023, a trend expected to continue in 2024. Editor’s Note: Wage growth series are available for download here. For details of the data and methodology, please see our research paper, “What do wages in online job postings tell us about …
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, …
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 …
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 …
Euro zone wage growth edges up in June, Indeed says, HR News, ETHRWorld
Salaries for jobs advertised on the Indeed website were up 3.7% year-on-year in June, accelerating from 3.5% in the previous three months but still well below a post-pandemic peak of 5.4% FRANKFURT: Wage growth in the euro zone edged up in June as salaries continued to catch up with prices after two years of high …