We're Increasingly Job-Hopping for Better Pay


Job hopping is becoming the new normal in some sectors of the labor market – and the main reason is higher pay.

It's getting easier to do, too.

Job openings nationally exceed 6.3 million ... The most since the U.S. Bureau of Labor Statistics started counting them.

Corporate profits are up, but wage growth hasn't kept pace. So, workers are giving themselves pay raises -- by taking their talents elsewhere.

Unemployment is down to 3.9 percent -- the lowest this century -- and the number who quit or job hop has risen to 3.1 million a month. That's the highest level in 17 years.

The average American changes jobs about a dozen times in a career. Sometimes it's been out of necessity. But for growing numbers lately, it's been for fun and profit.

The U.S. economy has added jobs for eight consecutive years since the last downturn.


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