Note by Sam Ro, CFA on Substack: "Interesting from the NY Fed: “The average reservation wage—the lowest wage respondents would be willing to accept for a new job—rose to a new series high of $75,811. The increase was driven by respondents above age 45 and those with at least a college degree.“ https://www.newyor…"

April 17, 2023

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Interesting from the NY Fed: “The average reservation wage—the lowest wage respondents would be willing to accept for a new job—rose to a new series high of $75,811. The increase was driven by respondents above age 45 and those with at least a college degree.“ newyorkfed.org/microeconomics/sce/labor

newyorkfed.org

SCE Labor Market Survey

Provides information on consumers’ experiences and expectations regarding the labor market

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