Introducing the RISE Indicator: A Game-Changer in Real-Time Economic Metrics

Revolutionizing Economic Metrics: Workwhile's RISE Indicator at Money2020

In an epoch where economic conditions change at lightning speed, traditional economic indicators often lag behind the reality faced by workers. That’s where Workwhile aims to make a transformative impact. At the recent Money2020 conference, the leading AI-driven labor platform unveiled the RISE Indicator, a groundbreaking tool designed to provide real-time insights into wage growth, effectively addressing and enhancing our understanding of the modern labor market.

What is the RISE Indicator?

The RISE, or Rate of Increase of Salary and Earnings Indicator, is a pioneering measurement system that delivers high-frequency data regarding year-over-year earnings growth in the United States. In a strategic departure from conventional metrics, the RISE Indicator leverages advanced analytics and proprietary data from Workwhile’s platform, ensuring that users have access to timely and relevant economic insights.

Key Features of the RISE Indicator:

- Real-Time Data: Unlike traditional metrics that reflect past data, RISE provides instantaneous insights, allowing economists and policymakers to adjust their strategies proactively.
- Geographic Specificity: The RISE Indicator is not just a national tool; it also offers localized metrics, including state-specific versions like RISE.CA for California and RISE.NY for New York. This feature enhances its utility for regional analyses and decision-making.
- Focus on Wage Growth: While its predecessor, the ALUR Index (American Labor Utilization Rate), highlighted continuous earning potential, RISE zeroes in on the critical aspect of wage growth, a crucial indicator of economic health and prosperity in the workforce.

The Importance of Real-Time Insights

The RISE Indicator is specifically designed to tackle the shortcomings of standard economic indicators. Often slow to reflect current conditions, traditional metrics can leave companies and workers scrambling when economic shifts occur. By providing up-to-the-minute data, RISE will enable better-informed decisions that can help improve wages and working conditions.

Jarah Euston, the CEO of Workwhile, articulated the significance of this advancement: "If ALUR helped us understand that ‘Unemployment is Dead’ by showcasing continuous earning, RISE will help us determine if worker wages are indeed keeping pace with the cost of living. We’re equipping leaders with necessary data to navigate economic volatility."

RISE Works Against Inflation

As a sophisticated economic indicator, RISE has proven to be invaluable in understanding the relationship between wages and inflation. Impressively, since the start of 2025, RISE has outperformed the Consumer Price Index (CPI) inflation rate almost consistently, demonstrating robust wage growth that surpasses price increases. This feature is particularly beneficial for flexible workers who can monitor their earnings in real time, effectively negating the concern of falling behind due to stagnant pay.

The Worker-First Ethos of Workwhile

Central to Workwhile’s mission is a commitment to empower workers through technology. The RISE Indicator not only serves as a powerful economic metric but also showcases the organization’s overarching commitment to fostering a dynamic labor market. By matching businesses with a highly skilled, reliable workforce and offering hourly workers flexible opportunities, Workwhile remains dedicated to ensuring that everyone in today’s workforce can thrive.

Looking Forward: A Tool for All

Introducing the RISE Indicator marks a significant milestone for Workwhile in their continuous evolution toward a more informed and equitable labor market. Available for free at workwhile.ai/RISE, this tool is readily accessible to anyone seeking to better understand economic landscapes in real time.

About Workwhile

Founded with the vision of transforming labor dynamics through innovative technology, Workwhile uniquely connects businesses with high-quality talent and offers flexible job opportunities to workers. With features like next-day pay and various worker benefits, they strive to redefine the future of work so that every individual has the means to succeed. To learn more, visit workwhile.ai.

As economies around the world continue to evolve, the RISE Indicator stands out as a beacon of progress—a tool not just for economists, but for workers and businesses alike aiming for growth and stability in a fluctuating market.