Average Americans are now demanding nearly $80,000 as the starting salary for their new pay for jobs as continues to limit consumers' spending power, a new survey found.
The 'reservation wage' - calculated by the New York 's - now stands at $78,645, up more than $6,000 from 2022.
The stark rise is up nearly 8 percent from last year and a whopping $18,000 more than the $60,200 minimum acceptable salary recorded in 2018.
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