Your mixing a few things up I think. When you re-size, you loose pixels no matter what format you are saving as, compressed or not. The smaller you re-size, the more pixels are lost. However, saving as a jpeg does not necessarily mean that you have to re-size the image.
The second part is the compression. The more you compress an image, the more visible jpeg artifacts become. Your not loosing pixels exactly, but you are loosing the color information for those individual pixels. This is going to happen no matter what when you convert to jpeg from raw. Jpeg only has 8 bits per color where your raw file has 12/14 depending on camera.So automatically some color information will disappear. When you lower the compression factor ore of that color info is lost.
If you want the highest quality jpeg possible, don't resize and set compression to the minimum amount. The files will be much bigger, bit the quality will be highest.
If you want to experiment, save a file at the maximum compression (0 for photoshop) and re-open the file. You'll see the effect that compression has really easily.