In recent weeks, labor markets have appeared to stabilize as the number of new job postings has increased. But while postings have grown, the salaries associated with those postings have fallen dramatically.
By tracking expected salaries from 9 million job listings since March, and controlling for changes in seniority, occupation, and city, we found that salaries have fallen by 8.8%.
Below are the changes to salaries by city:
And below are the changes to salaries by job type:
Takeaways:
To learn more about the data behind this article and what Revelio Labs has to offer, visit https://www.reveliolabs.com/.
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Data is changing the speed of business. Investors, Corporations, and Governments are buying new, differentiated data to gain visibility make better decisions. Don't fall behind. Let us help.
