Recovery and Inflation - strange bedfellows
17 states are at full employment levels - unemployment rates 3.5% or less
In the process of gathering data for our 2022 IT Salary Survey, we have found two conflicting facts. The recovery is in full swing as major sectors in the US are getting back to business, recruiting for expanded staff is high, employees are “dissatisfied” with salaries as pay rates are not keeping with rising prices, and there are signs of a cycle of salary increases with resultant prices moving up to maintain profit margins.
Keep reading with a 7-day free trial
Subscribe to CIO and IT Management Newsletter to keep reading this post and get 7 days of free access to the full post archives.