Atlanta Fed Wage Growth — Job Switchers
Median wage growth for workers who changed employers in the 12-month window; the switcher premium (switcher − stayer) is a tight labor-market tell.
The Atlanta Fed Wage Growth — Job Switchers is currently 5.00%, last updated .
The labor market is the backbone of the consumer economy. Rising jobless claims and a climbing unemployment rate are classic late-cycle signals that precede recessions and rate cuts. The Fed has a dual mandate, maximum employment and stable prices, so labor data directly influences the path of monetary policy.
Recent Data
Download CSV| Date | Value | Change |
|---|---|---|
| Mar 1, 2026 | 5.00% | +6.38% |
| Feb 1, 2026 | 4.70% | +0.00% |
| Jan 1, 2026 | 4.70% | +17.50% |
| Dec 1, 2025 | 4.00% | -11.11% |
| Nov 1, 2025 | 4.50% | -4.26% |
| Sep 1, 2025 | 4.70% | +4.44% |
| Aug 1, 2025 | 4.50% | +12.50% |
| Jul 1, 2025 | 4.00% | +2.56% |
| Jun 1, 2025 | 3.90% | -4.88% |
| May 1, 2025 | 4.10% | -2.38% |
| Apr 1, 2025 | 4.20% | +0.00% |
| Mar 1, 2025 | 4.20% | -2.33% |
| Feb 1, 2025 | 4.30% | +2.38% |
| Jan 1, 2025 | 4.20% | -2.33% |
| Dec 1, 2024 | 4.30% | -4.44% |
| Nov 1, 2024 | 4.50% | -2.17% |
| Oct 1, 2024 | 4.60% | -4.17% |
| Sep 1, 2024 | 4.80% | +4.35% |
| Aug 1, 2024 | 4.60% | -4.17% |
| Jul 1, 2024 | 4.80% | -9.43% |
| Jun 1, 2024 | 5.30% | -3.64% |
| May 1, 2024 | 5.50% | +1.85% |
| Apr 1, 2024 | 5.40% | +5.88% |
| Mar 1, 2024 | 5.10% | — |
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Data sourced from FRED, CoinGecko, CBOE, CFTC, and EIA. Updated monthly. This page is for informational purposes only and does not constitute financial advice.