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Fear of job loss hits its highest point in years—but workers won’t accept less than $81,000 (fortune.com)

submitted 3 days ago by return2ozma@lemmy.world to c/workreform@lemmy.world

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[-] some_guy@lemmy.sdf.org 17 points 3 days ago

An iteration of the survey taken in July found that 4.4% of respondents expect to lose their jobs in the near future. To put that into context, the only other time it’s ever hit 4% was when the pandemic struck in March 2020.

That's pretty stark.

But despite fears they may be jobless soon, today’s job seekers won’t accept less than $81,147—up by almost $20,000 since March 2020. This figure is the average reservation wage of workers, which is the lowest wage at which respondents would be willing to accept a new job.

I guess people polled are doing better than I'd expect. I thought a lot of people have to accept a fair amount lower than this. How many fast food workers are making this much? Maybe in California (where cost of living is also much higher), but I doubt it in Alabama.

[-] Showroom7561@lemmy.ca 19 points 3 days ago

I thought a lot of people have to accept a fair amount lower than this.

I mean, they could accept lower, but then they'd be homeless and starving but still employed, so they can't get any benefits.

Not really a choice they'd willingly want to make.

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this post was submitted on 23 Dec 2024

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