Job-Changers Win 7% Pay Gains, Highest Since August 2025
Updated
Updated · Marketplace · Aug 5
Job-Changers Win 7% Pay Gains, Highest Since August 2025
3 articles · Updated · Marketplace · Aug 5
Summary
ADP said workers who switched jobs got 7% higher pay than a year earlier, the biggest gain for job-changers since August 2025 even as July hiring came in weaker than expected.
Low hiring and low firing are pushing employers to pay more to lure people out of stable roles, with economists saying workers now demand a premium to take the risk of moving.
Healthcare and AI appear to be driving much of that poaching, though ADP did not provide an industry breakdown and economists cautioned the jump looks concentrated rather than broad-based.
That premium for switchers can still signal where the labor market is heading, potentially pointing to supply constraints or firmer demand that could later lift pay for workers who stay put.