Wage growth keeps slowing for job switchers as US labor market cools off
Written by Black Hot Fire Network on June 5, 2024
The pay gap between job stayers and job changers narrowed in May in the latest sign that the US labor market is cooling from a hot start to 2024.
New data from ADP released Wednesday showed that the median year-over-year pay increase for job switchers fell to 7.8% in May, from a recent spike of 8.3% in . . .
