It’s still a good time for Americans to switch jobs.
Workers who jumped ship to a new employer late last year got bigger salary bumps than they did in early 2022, according to a survey by job-search website ZipRecruiter, underscoring that demand for labor remains strong despite waves of layoffs in industries like technology and finance.
While the same share of recent hires — about 6 in 10 — are getting a pay increase as at the start of the year, there were more jumbo hikes. About two-thirds of those who got a raise by changing employers in the fourth quarter of the year saw their paychecks climb by at least 11%, compared with less than half in the first quarter, the survey shows.
