Workers change jobs, pick up big pay rises – and keep inflation high

Job changers often reap double-digit wage increases, a new study shows, a phenomenon that demonstrates bargaining power for workers while threatening to keep inflation high.

About 64% of job changers said their current job provides more pay than their previous job. Among these workers, nearly half received an increase of 11% or more, according to a ZipRecruiter survey provided exclusively to The Wall Street Journal. Nearly 9% now earn at least 50% more.

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