US Job Hopping Cools as Openings Stall, Pay Gains Disappoint

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US Job Hopping Cools as Openings Stall, Pay Gains Disappoint

A hiring ad displayed at a store in Columbia, Md., on July 21, 2025. Madalina Kilroy/The Epoch Times

Some Americans seeking a job change are now finding themselves faced with the reality of a smaller job pool and lower salary jumps, according to a recent report from the Bank of America (BOA) Institute.

The report indicates that while the job-change rate has risen since the beginning of this year, the estimated rate at the end of July was just 2 percent above the 2019 average and has been trending downward since the 2022 peak of more than 26 percent.

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