The new trend in the US job market: the disappearance of job-hopping dividends, and the obvious wait-and-see attitude of enterprises
2025-09-03 21:12:42
Wages for those left behind in the US outpaced those who switched jobs in July for the sixth month in a row, the longest pace since the end of the recession in 2008, according to data from the Atlanta Federal Reserve. The three-month average showed that annual wage growth for those left behind in July was 4.1%, higher than the 4% wage increase for those who switched jobs. Employees typically get higher wage growth by switching jobs, so the unusual reversal highlights that labor demand is slowing in recent months. "Companies are on the sidelines right now, pausing potential hiring plans as they wait for clarity on the policy outlook - particularly tariffs," said Stanley Santander, chief economist at US capital markets. This caution may explain why job-hoppers' wages have not risen as much as those who stayed behind, but it is very different from the economic landscape in the immediate aftermath of the 2007-2009 financial crisis. "
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
美国就业市场新趋势：跳槽红利消失，企业观望态度明显Next article：
苹果计划为Siri开发基于人工智能的网页搜索工具 以与OpenAI竞争
