Americans trimming back wage expectations for new jobs: NY Fed
American workers are lowering their expectations of the pay rate they want to take a new job, according to research by the Federal Reserve Bank of New York.The New York Fed's Survey of Consumer Expectations found that the so-called reservation wage for a new job declined to $74,236 in March from $82,135 in November, which was the highest level in the data series. The report found that the lowered wage expectations […]