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.
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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.