September 13, 2024 15:19 GMT
US DATA: Job Stayer Wage Growth Exceeds Changers For First Time Since 2018
US DATA
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- The Atlanta Fed’s wage growth tracker dipped a tenth to 4.6% in August, technically its softest increase since Dec 2021.
- Job changers: 4.6% in Aug vs 5.0% in July for its lowest since Jul 2021.
- Job stayers: 4.7% in Aug vs 4.5% in July.
- It’s the first time that wage growth for those not changing jobs has exceeded that of job changers since Oct 2018.
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