WHITE Collar Workers Are Taking Pay Cuts Now?
A shocking shift is happening in the U.S. job market. Nearly 40% of white-collar workers who switched jobs recently accepted pay cuts of more than 10%, which may signal a weakening labor market. Slowing wage growth could eventually impact inflation, mortgage rates, and the housing market. Russell McDonald | NMLS 290837 | Broker CA DRE 01150730 Wymac Capital Inc | NMLS 18766 | Broker CA DRE 01121628 Real Estate Broker - CA Dept of Real Estate #MortgageTips #HousingMarket #MortgageRates #RealEstate #Economy
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