Amy Scott

Remember the great resignation that period during the pandemic when employers were hiring like mad and lots of workers were leaving for better paying jobs?

Remember the great resignation that period during the pandemic when employers were hiring like mad and lots of workers were leaving for better paying jobs?

They had good reason.

They had good reason.

According to data from the payroll company ADP, where our occasional collaborator, Neela Richardson, is chief economist.

According to data from the payroll company ADP, where our occasional collaborator, Neela Richardson, is chief economist.

Back in the first half of 2022, people who left their jobs for another earned 8% more annually than those who stayed put.

Back in the first half of 2022, people who left their jobs for another earned 8% more annually than those who stayed put.

Those days are long gone.

Those days are long gone.

ADP says now that pay premium for making a move is less than 2%.

ADP says now that pay premium for making a move is less than 2%.

Some are calling today's labor market vibe the Great Stay.

Some are calling today's labor market vibe the Great Stay.

Marketplace's Kaylee Wells explains what's causing it.

Marketplace's Kaylee Wells explains what's causing it.

This is another classic case of supply and demand.

This is another classic case of supply and demand.

The supply of available jobs is lower than it used to be, so employers can pay lower salaries for the open jobs still out there.

The supply of available jobs is lower than it used to be, so employers can pay lower salaries for the open jobs still out there.