Job switchers hoping for a big raise are in for disappointment

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• A Bank of America Institute report shows the median pay raise for job-to-job movers has cooled.
• Job switching has slowed from its Great Resignation era highs.
• Middle- and higher-income job seekers could "have somewhat less leverage," per the report.

Here's some less-than-great news if you're looking to job-hop because of your pay: People changing roles likely won't be getting as big of a wage bump as past job switchers.

"If you'd...