More people are looking for a new job, and they have high salary expectations.
The lowest average pay people would be willing to accept a new job reached $81,822 as of March, a new series high since 2014.
That's according to the Federal Reserve Bank of New York's latest consumer expectations survey, which is fielded every four months.
But to live comfortably by traditional budgeting advice, the average person needs to earn upwards of $89,000 — closer to the latest data on salary expectations — according to a recent analysis from SmartAsset.
And despite a hiring slowdown, ZipRecruiter data shows more companies are actively recruiting to hire for open roles, and they're also extending more counteroffers to keep employees from quitting.
Persons:
Julia Pollak
Organizations:
Federal Reserve Bank of New, Labor Department