IDEAS home Printed from https://ideas.repec.org/h/eme/rleczz/s0147-91212024000052a021.html
   My bibliography  Save this book chapter

What Do Wages in Online Job Postings Tell us About Wage Growth?

In: Big Data Applications in Labor Economics, Part A

Author

Listed:
  • Pawel Adrjan
  • Reamonn Lydon

Abstract

We use data from millions of online job postings to construct monthly estimates of annual growth in advertised wages in the US, UK, France, Germany, Ireland, Italy, the Netherlands, and Spain from 2019 to 2022. The resulting wage growth tracker is a source of timely and forward-looking data on the wages of the marginal worker and serves as a useful leading indicator of momentum in wage dynamics. We show that the online job postings data benchmarks well against official sources on job vacancies, new hires, and wage levels. In both Europe and the US, growth in advertised wages accelerated sharply after the pandemic. Granular data shows a heterogeneous pattern of post-pandemic wage growth, with lower-paid jobs experiencing stronger wage growth in most of the countries in our sample. We attribute this to stronger labor demand for lower-paid jobs coming out of the pandemic.

Suggested Citation

  • Pawel Adrjan & Reamonn Lydon, 2024. "What Do Wages in Online Job Postings Tell us About Wage Growth?," Research in Labor Economics, in: Big Data Applications in Labor Economics, Part A, volume 52, pages 71-118, Emerald Group Publishing Limited.
    • Handle: RePEc:eme:rleczz:s0147-91212024000052a021
    DOI: 10.1108/S0147-91212024000052A021
    as

    Download full text from publisher

    File URL: https://www.emerald.com/insight/content/doi/10.1108/S0147-91212024000052A021/full/html?utm_source=repec&utm_medium=feed&utm_campaign=repec
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://www.emerald.com/insight/content/doi/10.1108/S0147-91212024000052A021/full/pdf?utm_source=repec&utm_medium=feed&utm_campaign=repec
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://www.emerald.com/insight/content/doi/10.1108/S0147-91212024000052A021/full/epub?utm_source=repec&utm_medium=feed&utm_campaign=repec&title=10.1108/S0147-91212024000052A021
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://libkey.io/10.1108/S0147-91212024000052A021?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eme:rleczz:s0147-91212024000052a021. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Emerald Support (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.