Americans Expect Higher Wages

U.S. workers have lower job market expectations than a year ago, but stand firm on higher pay.

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Americans are expecting higher pay, even as the outlook for the job market has dimmed a bit, according to a July consumer survey released recently by the Federal Reserve Bank of New York.

The Fed's July SCE Labor Market Survey uncovered new findings about the current job market. This report analyzes worker expectations and the current state of the job market to identify potential misalignments. 

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Seychelle Thomas
Contributing Writer

Seychelle is a seasoned financial professional turned personal finance writer. She’s passionate about empowering people to make smart financial decisions by combining 10 years of finance industry experience with solid research and a wealth of knowledge. Seychelle is also a Nav-certified credit and lending expert who has explored money topics such as debt consolidation, budgeting, credit, and lending in her work for publications including GOBankingRates, LendEDU, and Credible.