Historical Year Data · 2016
Atlanta Fed Wage Growth — Job Switchers in 2016
Atlanta Fed Wage Growth — Job Switchers opened 2016 at 3.40% and closed at 3.70%, a +8.82% move for the year. The high of 4.40% was reached on July 1, and the low of 3.40% on January 1.
Open
3.40%
2016-01
Close
3.70%
12 data points
High
4.40%
Jul 1
Low
3.40%
Jan 1
Full Year Change
+8.82%
2015 Change
+9.37%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 3.40% | 3.40% | 3.40% | 3.40% | +0.00% |
| Feb | 3.70% | 3.70% | 3.70% | 3.70% | +0.00% |
| Mar | 4.00% | 4.00% | 4.00% | 4.00% | +0.00% |
| Apr | 3.90% | 3.90% | 3.90% | 3.90% | +0.00% |
| May | 4.10% | 4.10% | 4.10% | 4.10% | +0.00% |
| Jun | 4.30% | 4.30% | 4.30% | 4.30% | +0.00% |
| Jul | 4.40% | 4.40% | 4.40% | 4.40% | +0.00% |
| Aug | 3.90% | 3.90% | 3.90% | 3.90% | +0.00% |
| Sep | 4.20% | 4.20% | 4.20% | 4.20% | +0.00% |
| Oct | 4.40% | 4.40% | 4.40% | 4.40% | +0.00% |
| Nov | 4.40% | 4.40% | 4.40% | 4.40% | +0.00% |
| Dec | 3.70% | 3.70% | 3.70% | 3.70% | +0.00% |
Events During 2016
2016 Brexit Vote
Goldilocks
June 23–24, 2016
The UK voted to leave the European Union on June 23, 2016. The pound fell 10% overnight, its largest single-day drop since floating in 1971.
2014-2016 Oil Price Collapse
Deflation
June 2014 – February 2016
Brent crude fell from $115 in June 2014 to $27 in January 2016, a 77% collapse. Shale oversupply and OPEC's refusal to cut production broke the commodity supercycle that had dominated markets since 2003.
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