Here's how much pay Americans say they'd need to start a new job
CBSN
The amount of money workers are demanding to switch jobs has been escalating — recently hitting a new eight-year high amid powerful inflation and the prospect of a recession.
Asked the minimum pay they would accept to switch to a new job, workers, on average, said they would need $73,700, the Federal Reserve Bank of New York found in a survey released this week. That's $3,300 higher than a year ago, and eclipses the previous high-water mark set in March.
However, expectations differ widely along demographic lines. The typical salary desired by men in the survey was $85,700, compared with just $61,600 for women.
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