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Why The Fed Is Worried About Growing Wage Expectations

Allwork

Additionally, the New York Fed’s Microeconomic SCE Labor Market Survey revealed that the average annual salary expectation grew from $60,310 in July to $61,187 last month — an unsurprising trend given the nature of today’s economic standing and predictions about a future recession. .

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Uh-Oh: You May Not Be Worth What You Thought

On The Job

According to a JobFox survey, some median annual salary ranges dropped $10,000, compared to a month ago. That's pretty grim news as we face rising prices for energy and food, while coping with huge credit debts. This helps set the groundwork for a salary bump before your annual review. Don't become overfocused on wages.

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New Small Business Startup Idea: Virtual Import/Export Assistant.

The Small Business Blog

But remember you are working with small business and start-up business, like SOHO-, SME, SMB-, Micro-, Lifestyle-, Home-, DIY-, Hobby-, Boomer- or Personal business, like professional, contractors, freelancer, self-employed, sole-trader and virtual assistants , you need to keep the price low for them. I am not her only employer though.

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