Texas workers keep quitting, Texas employers keep paying more. Can this keep up?

Have you recently quit your job? Wanted to quit? Still plan to quit? We ask because in recent months, Texas has been racking up huge numbers of job quitters. In just three months, 1,280,000 Texans said I quit…I resign…see y’all later…take this job and shove it. It looks like many of them aren’t headed to South Padre to kick back at the beach…or to the Texas Hill Country to sip wine and hike the rolling hills. Many of them have just headed right across the street to a new employer who will pay them more, and maybe even throw in some crazy bonuses. Workers are in demand. So much so that some new employees aren’t even showing up to their first day of work with a new employer because they’ve already landed another job that’s more lucrative! So how do companies know how much to pay? Will salaries keep rising here? And how do you talk your boss into giving you a raise, so you don’t have to find a new job just to get a decent bump in pay? This week the Jasons are picking the brain of Jay Denton, whose Dallas-based labor market analytics firm Labor IQ by ThinkWhy probably has a good idea of how much money you make---and they are telling Texas companies how much they need to pay to lure you…or to keep you. So how are those companies responding?