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.
