Center for Microeconomic Data

 
LABOR MARKET SCE LABOR MARKET SURVEY
Labor Market Participants Decrease Job Searches and Raise Reservation Wage
The results of the latest SCE Labor Market Survey show that 18.1 percent of respondents reported searching for a job in the past four weeks, down from 21.8 percent in November. Satisfaction with wages, benefits, and promotion opportunities improved slightly. Although the average full-time offer wage declined since the November survey, the average reservation wage—the lowest wage at which respondents would be willing to accept a new job—jumped to $60,274, its highest level since November 2016.

For more details:
Press Release: Labor Market Survey Reveals Greater Job Stability and that Fewer Labor Market Participants Searched for Jobs
 
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