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Why Workers Changing Jobs Are Facing Dwindling Pay Raises | Your Money Briefing | WSJ

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After several years of workers scoring sizable pay bumps to switch jobs, companies are reining in the amount they’re offering new hires.

WSJ reporter Julia Carpenter joins host J.R. Whalen to discuss what this means for the broader labor market.

0:00 How much have pay raises for new employees dropped this year?
0:59 Why a rush of workers changed jobs last year
1:54 Inflation impacting pay raises
2:26 Why some workers remained at their current jobs
3:26 How important is job stability?

Your Money Briefing
WSJ's personal-finance podcast features the news that affects your money and what you do with it, breaking down complicated money questions from spending and saving to investing and taxes.

For more episodes of WSJ's Your Money Briefing: https://link.chtbl.com/WSJYourMoneyBriefing

#Raises #Employees #WSJ
Category
Television
Tags
workers, employees, pay raises
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