Searches for jobs paying $20 an hour have grown, according to Indeed, while searches for jobs paying $15 have declined.
As inflation remains stubbornly high, it seems workers who once searched for jobs that pay $15 an hour are now looking for $20 an hour.Searches for $25 an hour are also on the rise. This comes as searches related to $15 an hour have dropped 57 percent over the same time.
“If an employer is in a dire situation and cannot find workers, they may have to consider raising the wage,” she said. “There also is the option of advertising a signing bonus, using a signing bonus. That is a one-time cost.” When workers lose purchasing power, they ask for higher pay, some economists say. That then causes some companies to raise prices and the loop starts again.
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