Pay Raises Expected to Slow in 2025 as Labor Market Cools

New normal for pay raises takes hold as companies budget for 2025

Companies are dialing back pay raises in 2025, an expected outcome of a continually cooling labor market. That means workers should expect, on ...

How Much Will Salaries Increase in 2025? | Careers | U.S. News

Amid a tight labor market and the persistent pinch of inflation, employers are gearing up to offer pay raises in 2025.

Lower Pay Raises Incoming for 2025 - Nimble Advisors

Employers in the U.S. are planning lower pay raises for 2025 due to cooling inflation and job markets, according to new reports.

Job Market Trends for 2025: Emerging Skills, Industries, and ...

An economist for Moody's Analytics recently projected that monthly job growth will fall to 100,000 by early next year and 50,000 by the end of ...

Job and Wage Growth Slow - NAM

The road ahead: Unemployment is expected to keep increasing in 2023, with some private economists projecting it to reach 5% by the end of the year, and to keep ...

New labor market data suggest that U.S. wage growth may be ...

New U.S. labor market data show that nominal wage growth is slowing, and is likely to continue, despite lower inflation and high ...

US job growth is slowing as high interest rates, inflation take toll

As the nation celebrates Labor Day, a job market that was red hot amid unrelenting post-pandemic worker shortages has decidedly cooled.

Economists' Survey: Unemployment Could Top 4% By March 2025

The job market has outperformed economists' expectations for five straight quarters, but the nation's top economists continue to expect a ...

Why We Expect the Job Market's Slowdown to Renew in 2024

The labor market slowdown that we expect in later 2024 and 2025 should be sufficient to push wage growth fully back to normal, ensuring that inflation returns ...

The U.S. Economic Outlook for 2024–2026 - University of Michigan

2025. By then, the labor market is expected to have stabilized, and we expect the pace of rate cuts to slow. Averaging Diverging Fiscal ...

Survey Reveals Salary Budgets Are Growing at Near-Record Pace

Latest Press Release · Amid a still-tight labor supply, projected 2025 base salary budget increases continue at close to the fastest pace in two ...

The numbers are in: Here's how big your raise is likely to be next year

They found that employers are planning to increase their salary budgets by about 4% next year. That's actually down a bit from this year's ...

An Update to the Economic Outlook: 2023 to 2025

Projected labor force participation rates in 2024 and 2025 have risen, as has projected growth in hourly wages and salaries. Inflation. The ...

When wage growth is likely to catch up to inflation - CNBC

With wage growth cooling, the gap between wages and inflation isn't expected to close until the second quarter of 2025, according to Bankrate's ...

State Economic Forecast

We expect that the labor force will return to growth through the end of the year, which in addition to slowing job growth will push the ...

U.S. Employers Forecast 3.5% Pay Increases in 2025 - HRO Today

Pay raise growth is on the decline but slightly more people are set to receive one in 2025, according to research from Payscale.

Labor markets continued their gradual normalization in July

This cooling trend indicates a potential shift in the balance of power, favoring employers and suggesting a reduced influence for workers in the ...

Economic Outlook U.S. Q4 2024: Growth And Rates Start Shifting To ...

S&P Global Ratings expects the U.S. economy to expand 2.7% in 2024 and 1.8% in 2025 (on an annual average basis). The growth forecasts are ...

Study: Wages Are Still Losing In The Post-Pandemic Inflation Race

Wages are taking longer to recover amid a faster-than-expected cooldown in the job market, which has already stripped workers of some of their ...

Employers to slow gain in salary budgets to 3.9% in 2024 | CFO Dive

U.S. companies plan to slow budget growth for employee pay next year to 3.9% from 4.1% in 2023 amid cooling inflation, a loosening in an ...