Job Switchers See Best Wage Gains Since 2007

[McFurd]

Bloomberg - 2/13/2019 - Alexandre Tanzi - A strong labor market is proving to be blessing for job switchers as they pocket bigger raises amid record openings. Median wage growth for those who jumped to new positions picked up to 4.6 percent in January from a year earlier, the fastest pace since October 2007, according to the Federal Reserve Bank of Atlanta’s Wage Growth Tracker. That compared with 3.4 percent for those who haven’t switched jobs, though that measure was down from a 10-year high of 3.9 percent reached in November. Read more @ https://www.bloomberg.com/amp/news/arti ... d-openings