New York Fed finds Americans expect record income to start new jobs | Forexlive

• NY Fed finds pay needed to accept a new job at $78,645 up from $72,873 a year ago

A New York Fed survey found that workers see a softening jobs market but are still expecting much higher wages if they switch jobs. As for actual offers, that rose to $69,475 from $60,764.

These are some scary numbers in terms of inflation and a wage-price spiral.

The survey is a monthly, nationally representative, internet-based survey
of a rotating panel of roughly 1,300 household heads that has been
conducted by the New York Fed since June 2013.