American Workers Seeking Record Pay and Flexibility to Change Jobs

• American workers want record $81,822 average wage to change jobs, per March NY Fed survey, up from $73,391 in November

• Men, younger workers, and higher income households driving wage demands

• Job search activity highest since March 2014 at 25.1%

• Employers offering lower starting wages than in recent months

• Likelihood of working past retirement age declined to new lows