U.S. Workers Demand Higher Wages Amid Inflation and Labor Market Strains
Allwork
APRIL 16, 2024
percent in March 2024. percent.” The data provided by the New York Fed serves as a critical indicator of the economic pressures facing both employees and employers, and it suggests workers are increasingly motivated to negotiate for higher wages. The average expected likelihood of working beyond age 67 also declined, to 31.2
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