The Great Resignation initially started with people who could make more money on the dole than working, then spread to people who could earn more doing less somewhere else, and has now spread to longtime employees that are retiring early to escape the ‘new normal’ offered by the new corporations.
The Great Resignation is becoming a “great midlife crisis”
From www.vox.com
2022-04-30 12:00:00
Rani Molla
Excerpt:
“The Great Resignation is almost like a train, where it’s built all this momentum and it’s hard to slow down, but certain workers are getting off the train and new workers are coming on,” said Luke Pardue, an economist at Gusto, which provides payroll, benefits, and human resource management software to small- and medium-sized businesses.
Rates of quits are always highest among younger, less senior workers — those who tend to be less invested in their jobs and whose lives are less stable. This was true during the early stages of the pandemic when these workers quit their jobs amid heightened demand to eke out better wages and conditions elsewhere (though those gains are unlikely to be permanent). But those quit rates have been declining. Data from Gusto, which typically works with companies that have around 25 employees, shows that the average tenure of people who quit has grown in every age group and in nearly every industry. In other words, older people who’ve worked at a job longer are also quitting.
