U.S. Workers Demand Higher Wages Amid Inflation and Labor Market Strains
Allwork
APRIL 16, 2024
The same report from the New York Fed also shows a decrease in the average starting wage offered by employers, which fell to $73,668 in March from $79,160 in November 2023, according to Reuters. Simultaneously, the strong demand for labor gives employees additional leverage, which they appear to be using to press for better pay.
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