Lower-income Americans are on the hunt for new jobs

Lower-income Americans are on the move.

Americans earning a household income of $60,000 or less moved more to different jobs between a four-month span than a year before, according to a new survey.

The New York Fed released its labor market report for July earlier this week, finding that 12% of Americans who made $60,000 or fewer opted for new jobs in April, May, June, or July, which was an increase from the same period a year before.

Eight percent who fell under the same financial criteria went on to new jobs during that period in 2018, according to the survey.

Twenty-one percent of lower-income workers also received at least one job offer over the past four months, which was about a 3% increase (18.8%) from the past year.