US workers who switch jobs are still getting record raises ...Middle East

The steep pandemic-induced run-up in US wages is petering out—except for Americans who quit their job to find a new one.Overall, the pace of US wage growth has been static: 6% in April, based on a three-month moving average, unchanged from March, according to data from the Atlanta Federal Reserve. That’s largely because employees who stayed at their job didn’t see any change in how fast their wages are growing, noted Nick Bunker, a labor economist at online jobs site Indeed.Job stayers saw an annual increase of 5.3%, vs 7.2% for job switchers. To be sure, that 5.3% jump is still higher than at any point before the pandemic. (The data go back to 1997.)Read the rest of this story on qz.com. Be

Hence then, the article about us workers who switch jobs are still getting record raises was published today ( Friday 13/05/2022 - 12:56 AM ) and is available on Quartz ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( US workers who switch jobs are still getting record raises )

Also on site :

• Robotaxi Outage in China Leaves Passengers Stranded on Highways
• Pentagon Insider Joins REalloys as Rare Earth Deadline Approaches
• CFOs Emerge as CEOs' Top Threat to Job Security As Internal Pressures Intensify