Continuous increase in wages for jobs in the United States, with technology and finance industries leading the way.

Driven by high-income industries such as software and finance, job vacancies tracked by the job site Indeed in the United States have rebounded after steadily decreasing for two consecutive years. According to data from the Indeed Hiring Lab, the salary growth announced in August increased by 3.4% year-on-year, marking the fourth consecutive month of accelerated growth. Nick Bunker, North American Economic Research Director at Indeed Hiring Lab, stated in a blog post, "After steadily declining following a peak in early 2022, announced wage growth stopped its decline by the end of spring 2024. Now, with several months of data, it is clear that annual wage growth has not only stabilized, but has also moderately reaccelerated." Although employers in the software and finance industries have reduced their hiring scales, the wage increases in job advertisements in these industries are accelerating. Wage growth in mid-low income industries has also been observed, although with smaller increases. Overall, Indeed's data suggests a healthy labor market in which competition is driving companies to increase wages to attract employees. However, compared to the peak of labor shortages a few years ago, companies' profit growth has significantly declined. This week, after the Federal Reserve cut interest rates for the first time in four years, Federal Reserve Chairman Powell acknowledged that wage growth continues to exceed the Fed's 2% inflation target in the long term. During a press conference following the interest rate cut, he said, "But they've moved back in the range of sustainable levels. So we feel good about that."