Read on Twitter
data question -- please help:
seeing takes on @AtlantaFed Wage Tracker so trying to read its methodology this morning.
Atlanta page https://www.atlantafed.org/chcs/wage-growth-tracker not clear. click thru to San Fran Fed, "annual wage changes of U.S. workers that have not changed jobs over the year."
seeing takes on @AtlantaFed Wage Tracker so trying to read its methodology this morning.
Atlanta page https://www.atlantafed.org/chcs/wage-growth-tracker not clear. click thru to San Fran Fed, "annual wage changes of U.S. workers that have not changed jobs over the year."
then I go to the cited paper, "Aggregate Real Wages: Macro Fluctuations and Micro Drivers" by Daly, Hobijn, and Wiles https://www.frbsf.org/economic-research/files/wp11-23bk_sept2011supplement.pdf
Q:: is Atlanta tracker only job stayers or is it employed now and year ago? sounds like job stayers but wow that's restrictive now.
Q:: is Atlanta tracker only job stayers or is it employed now and year ago? sounds like job stayers but wow that's restrictive now.
and while I am pinging wage data experts, could ya'll point me to a Average Hourly Earnings, Wage Tracker, Employment Cost Index comparison analysis.
(I know from working at the Fed wage data is really tricky but I get confuses about details).
(I know from working at the Fed wage data is really tricky but I get confuses about details).
would like to say something more intelligent than in this thread reply to Furman's labor market might be tight argument using the Wage Tracker (and JOLTS). https://twitter.com/Claudia_Sahm/status/1387891279414059010?s=20
