: Job seekers are being offered $9,000 more than a year ago, but workers are feeling more insecure

by | Aug 21, 2023 | Stock Market

How much money are you worth?  Employees still have the upper hand in the labor market, with job candidates being offered more money than last year. The average full-time offer over the past four months was for $69,475 a year, up $9,000 from an average annual salary of $60,764 one year ago, according to the Survey of Consumer Expectations released by the Federal Reserve Bank of New York on Monday. Some 19.5% of job seekers reported receiving at least one job offer over the past four months, down from 21.1% a year ago. 

Job seekers are also expecting higher salaries than a year ago — about $7,000 more per year. Across all age groups and education levels, job seekers in July said they expect an annual salary over the next four months of $67,416, the highest level since the series began in 2014 and up from $60,310 a year ago. Workers older than 45 and college graduates expected a bigger increase in …

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[mwai_chat context=”Let’s have a discussion about this article:nnHow much money are you worth?  Employees still have the upper hand in the labor market, with job candidates being offered more money than last year. The average full-time offer over the past four months was for $69,475 a year, up $9,000 from an average annual salary of $60,764 one year ago, according to the Survey of Consumer Expectations released by the Federal Reserve Bank of New York on Monday. Some 19.5% of job seekers reported receiving at least one job offer over the past four months, down from 21.1% a year ago. 

Job seekers are also expecting higher salaries than a year ago — about $7,000 more per year. Across all age groups and education levels, job seekers in July said they expect an annual salary over the next four months of $67,416, the highest level since the series began in 2014 and up from $60,310 a year ago. Workers older than 45 and college graduates expected a bigger increase in …nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]

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