US Workers No Longer See Significant Pay Hikes When Job-Hopping
VNExpress Kinh Doanh • 06/11/2026
Positive
Summary
The core idea of the story, in a faster reading layer.
US workers are no longer seeing significant pay hikes when switching jobs, with average raises averaging around 4% in Q1 this year. This rate is less than a third of the peak levels seen during the 2022 hiring surge.
AI quick analysis
A short investor-focused read on transmission channels, sectors, and near-term watchpoints.
1) Market Context & Analysis Scope
- The current market situation shows a short-term correction.
- The average wage increase for US workers when switching jobs is not as high as before.
- 2) Mechanism of Action:
- The expected wage increase when switching jobs is expected to decrease to 4% in Q1 this year, significantly lower than the 12-15% seen during the peak of the hiring wave in 2022.
- The current average wage increase is only 30% of the level during the Covid-19 pandemic hiring boom.
- 3) Benefiting or Pressured Industries:
- Industries that may benefit:
- Recruitment service providers
- Human resource training companies
- Labor-focused companies
- Industries that may be pressured:
- Companies currently hiring staff
- Especially in high-wage industries
4) Risks to Monitor
- Risk of economic growth slowdown due to decreased expected wage increases when switching jobs.
- Risk of changes in US government labor policies.
- 5) Short-Term Timeframe:
- The short-term timeframe will be monitored to assess whether the average wage increase when switching jobs will continue to decrease or stabilize.
- Market labor trends in the US should be closely followed to obtain updated information on wage increase trends.
AI-assisted synthesis only. Not investment advice.
Potentially affected tickers
Heuristic mapping from the story and reference listed-market data.
Source excerpt
Stored source excerpt from the original article, without rewriting the publication's voice.
The average US wage increase is expected to be only 30% of the pre-pandemic level as the labor market bounces back from the COVID-19 hiring slump.