Job Changes and Pay Growth: What Recent U.S. Data Shows

Changing jobs can be one route to higher pay. Bank of America Institute’s Liz Everett Chrisberg discusses recent job-switching trends, including pay gains and growth among lower-income workers, drawing on analysis of bank and credit card accounts.

- Job changes and pay increases, including an August uptick
- Hiring trends in lower-wage and service industries, and wage growth by income group
- The discussion focuses on broad labor-market patterns, not personalized career advice or job-search tactics

For workers weighing a move and anyone following employment trends, this offers a data-based perspective to consider alongside their own role, pay, and local hiring conditions.