As of the most recent March data, the average reservation wage for Americans with a college degree rose to a survey-high of $99,081, up from $97,270 in March 2023 and $81,758 in March 2020.
It means that not as many Americans are landing new jobs that pay in the six-figure range.
The average reservation wage for people without a degree was $68,390, up from $59,683 in March 2023 and $48,778 in March 2020.
The average reservation wage among all respondents was $81,822, up from $75,811 and $61,377 in March 2020.
AdvertisementAre you struggling to find a six-figure job?
Persons:
—, it's
Organizations:
Service, York Fed's Survey, Consumer, Business, Bureau of Labor Statistics, of Labor Statistics, New, New York Fed
Locations:
York, New York