U.S. job openings post biggest drop in more than four years

Re:U.S. job openings post biggest drop in more than four years by tracer4201 on Friday January 17, 2020 @11:15AM (#22075913)

Does the US government provide metrics on job openings by wages or some measurement of monthly or annual earnings?

My portfolio has been doing fantastic, but I have to stop and wonder how the average person who doesn’t have assets is doing.

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Re:U.S. job openings post biggest drop in more than four years by thunderbird120 on Friday January 17, 2020 @11:30AM (#22076068)

You're looking for the USUAL WEEKLY EARNINGS OF WAGE AND SALARY WORKERS report from the Bureau of Labor Statistics. Here's the archive. https://www.bls.gov/bls/news-release/wkyeng.htm

The most recent report for Q4 2019 can be found here https://www.bls.gov/news.release/pdf/wkyeng.pdf

Important takeaways:

"Median weekly earnings of the nation's 118.3 million full-time wage and salary workers were $936 in the fourth quarter of 2019 (not seasonally adjusted), the U.S. Bureau of Labor Statistics reported today. This was 4.0 percent higher than a year earlier, compared with a gain of 2.0 percent in the Consumer Price Index for All Urban Consumers (CPI-U) over the same period."

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Re:U.S. job openings post biggest drop in more than four years by asdfqwer234 on Friday January 17, 2020 @11:23AM (#22075989)

Given wages not increasing with COL in cities and availability of credit (student loans, rising rents, credit cards, low interest rates) I'd assume poorly

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Re:U.S. job openings post biggest drop in more than four years by frockington1 on Friday January 17, 2020 @11:57AM (#22076429)

Numbers prove your assumptions wrong. Take a look over at the bureau of labor reports, Q4 2019 is out

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Re:U.S. job openings post biggest drop in more than four years by sdinsn on Friday January 17, 2020 @03:18PM (#22078758)

Except he's right. Wages have increased with respect to CPI, but not to COL. The housing market has consistently and significantly outpaced salaries.

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