Page 48 - Consumer Expectations News Today

The wage floor for American workers climbed to a record high close to $79,000, according to a Federal Reserve Bank of New York survey released Monday, Aug. 21.

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…

The average of the lowest annual pay that workers would accept to take a new job hit a record high of $78,645 in July, per the New York Fed.

Pay expectations among women rose 11% in the past year, twice as fast as for men, the survey found.

The wage floor for American workers climbed to a record high close to $79,000, according to a Federal Reserve Bank of New York survey released Monday that also found pay

For comparison, the median U.S. household income was $70,784 in 2021, according to the U.S. Census Bureau.

The 30-year rate is 'at a critical stage,' Lawrence Yun, chief economist at the National Association of Realtors, told MarketWatch.

Inflation has been like a cold you can’t shake. It started off bad, and some symptoms linger like a persistent cough even as things improve.

The current average interest rate for a 30-year-fixed mortgage is above 7% — and now, economists say this could go up to 8%.

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