Job-Hoppers Get Big Pay Raises | Dallas News

Lower-paid hourly workers are cashing in big time by switching jobs—seeing average pay jumps of 12.5% in July, the largest in over three years, according to Bank of America. While not matching pandemic-era gains, this trend signals growing wage boosts for lower earners, helping narrow the income gap. Even with a stagnant minimum wage and rising inflation, after-tax wages for low-income households rose 4.7% year-over-year, outpacing higher earners’ 3.5%. Meanwhile, white-collar workers in tech and finance are staying put due to AI-driven automation fears and tighter job markets. But for skilled laborers in high-demand fields like construction for AI data centers, mobility equals leverage—and higher pay.

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