- The proportion of individuals who reported searching for a job in the past four weeks increased to 23.1 percent from 19.4 percent in July. The increase was most pronounced for women.
- The average full-time offer wage received in the past four months increased sharply to $79,160 from $69,475 in July, marking the highest reading of the series since its start in November 2014.
- The expected likelihood of moving to a new employer increased to 12.3 percent from 10.6 percent in July. The expected likelihood of moving out of the labor force rose to 3.5 percent, the highest reading of the series since its start in November 2014; this increase was most pronounced for respondents with annual household incomes below $60,000.
- The average reservation wage—the lowest wage respondents would be willing to accept for a new job—declined to $73,391 in November from $78,645 in July.
The SCE Labor Market Survey is fielded every four months as a rotating module of the Survey of Consumer Expectations (SCE). The data are updated online as results come in, and an annual New York Fed press release, issued following the July survey, highlights notable changes and trends.