While workers continue to feel emboldened to freely switch jobs, they may not quite have the leverage they did even a few month ago.
“The balance of power in wage negotiations has tilted toward workers,” Mickey Levy, chief Americas economist for Berenberg Capital Markets, wrote in a client note Tuesday.
“There were a million openings, which was so different from earlier in the pandemic when it was impossible to get a job,” said Oppy, who spent much of the past two years unemployed after losing her marketing job in Paris in early 2020. “Now you can get a job. Can you afford to live? I’m not sure, but at least you can get hired.”
“I went from making six figures a year to way less than that,” said Hardy, 38, who is also taking classes to become an acupuncturist. “But I’d rather be doing my own thing and eating ramen noodles, even if it is harder financially.”
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