Inflation Alert! March SCE Labor Market Survey: The average full-time offer wage received in the past four months increased to $62,088 from $59,834 in November 2022. The average reservation wage—the lowest wage respondents would be willing to accept for a new job—rose to a new series high of $75,811
by Dismal-Jellyfish Source: https://www.newyorkfed.org/microeconomics/sce/labor#/ The Federal Reserve Bank of New York’s Center for Microeconomic Data today released the March 2023 SCE Labor Market Survey. The SCE Labor Market Survey, fielded as part of the Survey of Consumer Expectations (SCE) since March 2014, provides information on consumers’ experiences and expectations regarding the labor market. The average full-time offer wage received in … Read more