‘Job huggers’ sense trouble brewing in the jobs market as BofA flags wage growth stalling for switchers for the first time since 2010
The job-hopper and the job-hugger: Two distinct species, with one going into hibernation as the other emerges. Bank of America’s latest research shows that the era of the job-hopper—once the defining labor market species during the pandemic’s Great Resignation—is quickly vanishing. The job-hopper’s day was 2022, BofA finds, and even though it doesn’t use the … Read more