New York, Springing Forward or Backwards?

During a labor shortage, or in the context of achieving diversity goals, the posted maximum may be significantly higher than the historical salary ranges, creating dissatisfaction in the workforce and demands to adjust existing pay scales that the employer may be unable to afford.

Photo by Yuting Gao on Pexels

CHART OF THE WEEK

Source: MTA Ridership Data; Author Calculations

INTERESTING READ

… the data in this report shows that employment growth slowed in some of the biggest tech “superstars” and increased in other midsized and smaller markets, including smaller quality-of-life meccas and college towns.

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