Q3 2023 Wage Reports

Comments from Matt Gorman, Chief Revenue Officer at Upshift, with 16 years of experience in the staffing industry, about current market trends:

• Wage Stagnation: Despite prior rapid growth, recent trends indicate a cooling in the labor markets with some wages experiencing declines.
• Rise of the 55+ Workforce: A growing presence of older professionals in the labor market points to increasing workforce diversity, intensifying competition in certain fields.
• Cautious Corporate Outlook: Even with declining recessionary indicators signaling economic stability, companies are tempering their spending and maintaining restrictive budgets heading into 2024.

Because Upshift is partnering with over 1600 businesses across the US, we are able to collect real-time, supporting data for workers in various industries and positions. These are real, verified rates being paid today to Upshift workers.