Publication:

Wage Rigidity Meter

2012-2022

The Wage Rigidity Meter offers a closer examination of the annual wage changes of U.S. workers that have not changed jobs over the year. Statistics include graphs of the fraction of workers receiving a wage change of zero in several demographic subgroups of the U.S. labor force, as well as a histogram showing all of the reported wage changes among these workers in the last four quarters. The data for these statistics are drawn from a matched Current Population Survey dataset (see Daly, Hobijn, Wiles 2011 for details on the matching procedure). The Current Population Survey is a monthly nationally representative survey conducted by the Bureau of Labor Statistics.

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Federal Reserve Bank of San Francisco , Hobijn, Bart , Daly, Mary C. (Mary Colleen) , Pedtke, Joseph , Flaharty, Amber and Lofton, Olivia. Wage Rigidity Meter. 2012-2022. https://fraser.stlouisfed.org/title/6771, accessed on July 27, 2024.