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Americans Are Growing Wary of Jumping Jobs
"Job hopping as a way to boost your earnings may not be as profitable as it was in 2022," writes Slashdot reader NoWayNoShapeNoForm. "Data from ADP, based on payroll data of almost 10 million employees, suggests the salary gain between 'stay' and 'jump' has definitely narrowed across all age groups,...
"Job hopping as a way to boost your earnings may not be as profitable as it was in 2022," writes Slashdot reader NoWayNoShapeNoForm. Yahoo Finance reports: New data from ADP released Wednesday showed that the median year-over-year pay increase for job switchers fell to 6.6% in September, down from 7.3% in August and the lowest growth rate since April 2021. ADP chief economist Nela Richardson said that the narrowing gap in pay gains is a sign the labor market is "less tight ... less dynamic."
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