Skip to content
Business
Economics

The Great Resignation Worked: Most Job-Swappers Got a Raise

For most people, the decision to quit paid off. For those who stayed, less than half saw real wage gains.

San Francisco Workers Slow To Return To Office
Photographer: David Paul Morris/Bloomberg

For the majority of people who quit their job in search of higher pay elsewhere, the wager paid off.

Even as inflation soared, 60% of those who quit between April 2021 and March 2022 realized real wage gains, according to a new report by the Pew Research Center. Less than half of workers who remained loyal to their employers can say the same.