Pay raises on the way for 58 percent of workers before year-end

Personal Finance

“Employees are really owning the market and in a position to negotiate,” said Irina Novoselsky, president and COO of CareerBuilder.

The report includes data from online surveys conducted this summer of more than 1,000 hiring managers and more than 1,000 full-time workers across a variety of industries and company sizes.

Unemployment was 3.9 percent percent in July, according to the government’s jobs report released Friday.

While low unemployment is good news for the economy, it means companies struggle to fill positions as the pool of available workers shrinks.

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