Workers Remain in High Demand; Wages Inch Up
Job openings rose by 4.6% in July while median base pay increased by 1.9% compared to the same period in 2018, according to Glassdoor's monthly market report. That marks a bounce back in openings from earlier in the year. In March, openings had slowed to only 0.1%. Overall job postings on Glassdoor sit at 5.85 million, a number near historic highs.
"The job market sends mixed signals as it cools amid the longest economic expansion on record in the United States," said Glassdoor Senior Economist Daniel Zhao in a press release. "Pay gains remain sluggish, but wages still rose 1.9% annually in July. Overall, the good times are not over just yet for workers."
Medical careers saw some major increases in wages. Image source: Getty Images.
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