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‘Average’ American won’t take a new job for less than $74k as salary expectations - particularly among younger workers - hit record high, fed survey finds
Daily Mail UK ^ | 21 Dec 2022 | ALEX OLIVEIRA

Posted on 12/21/2022 9:57:09 PM PST by blueplum

American jobseekers' salary expectations have hit a record high, a new poll reveals.

The New York Federal Reserve Bank found the lowest average annual pay workers were willing to accept from a new employer was $73,667 in November. That number is known as a 'reservation wage.'...

...The increase in salary expectations was most pronounced among job hunters under the age of 45, the bank added. ...

...Meanwhile, the expectation of working past the age of 62 dropped to 48.8 percent, on average, from 50.1 percent in July - the lowest figure recorded since 2014....

(Excerpt) Read more at dailymail.co.uk ...


TOPICS: Business/Economy; Culture/Society; News/Current Events
KEYWORDS: economy; jobmarket; pipedreams; wages
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To: Lazamataz

“and there’s no increases in sight. I am so screwed.”

Not exactly.

So, a guy on our team is from a small sub-contractor, w/o any onsite management. He gets the lowest pay but has a workaround for it. He calls out at least one day a week. Yet at end of year it’s “I HAVE to take leave, I’m maxed out on Leave and I’m at Use or Lose.” I used to get angry at that but then I thought about it and decided he’s functionally working at a higher pay rate by calling out so much. He’s actually raising the bar imo.


41 posted on 12/22/2022 4:16:04 AM PST by Justa (If where you came from is so great then why aren't Floridians moving there?)
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To: blueplum

Work is beneath them? Not enough Americans are starving yet. That’s all changing, as the WEF agenda continues apace.


42 posted on 12/22/2022 4:18:49 AM PST by Sirius Lee (They intend to murder us. Prep if you want to live and live like you are prepping for eternal life)
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To: Tacrolimus1mg

Great attitude.

You deserve the best and I suspect you will get it.


43 posted on 12/22/2022 4:37:52 AM PST by eyedigress (Trump is my President!)
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To: blueplum

What do you expect, when a gallon of milk costs $6?


44 posted on 12/22/2022 4:39:37 AM PST by Sicon ("All animals are equal, but some animals are more equal than others." - G. Orwell)
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To: Justa

How does he call out without using PTO?


45 posted on 12/22/2022 4:51:12 AM PST by Lazamataz (The firearms I own today, are the firearms I will die with. How I die will be up to them.)
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To: dynachrome

I’ve been at 6 figures for a while, but 6 figures ain’t what it used to be.


46 posted on 12/22/2022 4:52:12 AM PST by Lazamataz (The firearms I own today, are the firearms I will die with. How I die will be up to them.)
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To: EVO X

So essentially they had a 4 unit apartment building perhaps with shared facilities.

Or a complex boarding house.

Many people did similar things.


47 posted on 12/22/2022 5:43:06 AM PST by Chickensoup (Genocide is here. Leftist extremists are spearhheading the Genocide against conservatives. )
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To: DennisR

Exactly- and they believe they “deserve” $75,000 + a year with a $500 work ethic and $250 skill set.


48 posted on 12/22/2022 5:47:36 AM PST by MissEdie (Be the Light in Someone's Darkness.)
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To: 9YearLurker

Problem with cheaper housing these days means its not in a safe neighborhood.


49 posted on 12/22/2022 5:50:15 AM PST by MissEdie (Be the Light in Someone's Darkness.)
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To: blueplum

Helloooooo? Having a lower-wage job, even if you need some assistance, is better than having all your sustenance be from government printy-money.


50 posted on 12/22/2022 5:52:25 AM PST by Tolerance Sucks Rocks (FBI out of Florida!)
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To: DennisR

everybody gets a trophy .... the Oprah generation


51 posted on 12/22/2022 5:53:06 AM PST by bankwalker (Repeal the 19th ...)
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To: Chickensoup

I haven’t been there since it is off the beaten path, but it is a mid Victorian home built in 1896. It is still standing and is kept up by the town’s historical society.


52 posted on 12/22/2022 6:03:46 AM PST by EVO X ( )
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To: blueplum

Enter the $45.00 Big Mac Combo...


53 posted on 12/22/2022 6:08:15 AM PST by trebb (So many fools - so little time...)
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To: DennisR

My wife and I started a gourmet mushroom farm about 10 years ago after I sold my engineering business. The farm has grown into the largest in the state now, but it’s taken a great deal of hard work and enduring a lot of crop failures until we taught ourselves how to grow. We get approached at least a dozen times a month by twenty and thirty-somethings who want us to teach them mushroom cultivation for free. It took us almost 3 years to learn to produce consistent crops. Then, we had to figure out how and where to sell them. I’ve had several of these wannabe’s get indignant with me, claiming when I refused to teach them my business that I spent years developing and untold thousands of dollars because I was “all about profit”. Yep, you got it! Capitalism, baby!


54 posted on 12/22/2022 6:09:25 AM PST by Thermalseeker (If ignorance is bliss how come there aren't more happy people?)
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To: Lazamataz

Demand a raise and freshen up your resume.


55 posted on 12/22/2022 6:16:17 AM PST by cableguymn
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To: blueplum

Well.....some people are just going to have to modify their expectations.


56 posted on 12/22/2022 6:37:45 AM PST by FLT-bird
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To: Equine1952

Although it isn’t stating ‘starting’ wage but the ‘average’. Things cost a heck of a lot more than 20 years ago. This really doesn’t shock me.


57 posted on 12/22/2022 6:44:40 AM PST by fuzzylogic (welfare state = sharing of poor moral choices among everybody)
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To: blueplum

This is BS. Their average TWOT is some jerk living in a blue metro.

$74K out most anywhere is riches beyond belief — unless you made the wiser decision and went the talented trade route like plumbing, electrician, etc.


58 posted on 12/22/2022 6:57:02 AM PST by bobbo666 (Baizuo)
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To: blueplum
What do you expect from a generation raised on participation trophies?


59 posted on 12/22/2022 7:17:16 AM PST by moovova ("The NEXT election is the most important election of our lifetimes!“ LOL...)
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To: DoughtyOne

ANOTHER LEGACY of PARTICIPATION TROPHIES

NO skills

NO effort

NO willingness to WORK

JUST PAY ME FOR SHOWING UP !!!!!!!


60 posted on 12/22/2022 8:06:10 AM PST by ridesthemiles
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