'Barron's Roundtable' welcomes Nuveen CIO Saira Malik as she discusses Nuveen's 2023 playbook, if a recession is inevitable, and she provides tips and an outlook on stocks.
The wage tracker — based on salaries for job advertisements listed on Indeed — showed that salaries were up 6.5% in November from one year ago. According to the index, that compares to a rate of about 9% in March, suggesting that employers are facing less competition for new hires. Based on the current trajectory, wage growth will likely return to its pre-pandemic range of about 3% to 4% by the year's second half.Indeed suggested that the data is a leading indicator because it is based upon salaries published in job postings rather than actual wages paid to workers.
The Indeed gauge stands in contrast to a separate report from the Labor Department released last week, which showed that
mortonrose23 Are we going to get an after Christmas bombshell of how bad the season was in regard to spending?