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  1. Career Advice
  2. Salaries and Wages

Rising Wages Mean It Could Be a Great Time to Ask for a Raise — or Find a New Job

By: Brenden Rearick
Brenden Rearick
Reporter | Joined March 2023
Brenden Rearick is an experienced personal finance journalist at Money, covering investing, mortgages, real estate, retirement and credit. His work has appeared in the Week, the Pittsburgh Post-Gazette, the Miami Herald and NASDAQ.com.
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Editor: Brad Tuttle
Brad Tuttle, expert in Personal finance, shopping, consumer trends, and Senior Editor at Money
Brad Tuttle
Senior Editor | Joined January 2014
Brad Tuttle is a senior editor at Money with over 10 years’ experience covering a vast number of personal finance topics, including careers, cars, travel, budgeting, investing, insurance, credit cards, consumer psychology, real estate, banking, and shopping and deals.
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Published: Jul 07, 2023 4 min read
Photo illustration of a person climbing a vertical stack of coins
Money; Getty Images

Workers can rest a little easier right now: The U.S. jobs market remains surprisingly strong, with employees generally seeing higher wages and more confidence in their chances of getting a raise.

New data shows that both workers who stay at their job and those who jump ship for another are getting paid more. What's more, there's an increase in employees who think they have the leverage to secure more money from their employer. So now is as good a time as ever to ask for that much-deserved raise or search for a new job.

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