Latest / Wages and Prices with Fexingo: Cost of Living, Pay Raises, and Workers' Purchasing Power
Where Your Raise Goes When Job Openings Surge
Episode 30 of Wages and Prices with Fexingo: Lucas and Luna examine the surprising divergence between surging job openings and slowing wage growth. Using April's JOLTS report — 7.6 million openings, the highest in nearly two years — and April wage data showing just 0.13% monthly growth, they explore why more vacancies aren't translating into bigger paychecks. The hosts drill into the 'job-switching premium' — the extra raise workers historically get by changing jobs — and how it's shrinking in this cycle. Lucas cites new research from the Atlanta Fed showing the…
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