U.S. employees who stay put have seen their salaries exceed those who switch jobs for six consecutive months, setting a record for the longest period in 15 years.

According to data from the platform, in July, the salary growth rate of employees who remained in their original positions in the U.S. exceeded that of job switchers for the sixth consecutive month, setting a record for the longest duration since the end of the 2008 recession. Based on a three-month average, the annual salary growth rate for those staying in their original positions in July was 4.1%, higher than the 4% salary increase of job switchers. Typically, employees achieve higher salary growth through job changes, so this unusual reversal highlights the slowing demand for labor in recent months. A chief economist from a Capital Market stated: "Companies are currently in a wait-and-see mode, pausing hiring plans that they might have pursued to await clarity on policy prospects—especially tariff policies. This cautious attitude explains why the salary increase for job switchers is not as high as that of employees who stayed in their positions, but this is distinctly different from the economic landscape immediately after the 2007-2009 financial crisis."