Workers are demanding record-high salaries, but here’s what the average full-time job pays

Amid inflation, employers are paying more—but still far less than what employees are asking for, says data from the NY Fed.

If you’re looking to hire a new employee, you should know that what employers are offering has risen dramatically in the past year. But what employees want has also gone up. That’s according to the Federal Reserve Bank of New York’s Center for Microeconomic Data July 2023 Survey of Consumer Expectations (via Reuters). The report parses respondents’ thoughts and expectations on inflation, household finances, and the labor market.

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