The Lowest Pay Workers Would Accept for a New Job Nears $74000 – Bloomberg

by | Dec 19, 2022 | Jobs

The lowest annual pay that US workers would be willing to accept for a new job rose to almost $73,700 in November, the highest since the Federal Reserve Bank of New York started tracking the data in 2014.The increase was more pronounced for employed people versus those out of work. The survey, which the NY Fed conducts every four months, underscores the underlying strength of wage pressures and the challenges Fed policymakers face in their attempts to quell the strongest inflation in a generation. 

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