The Great Resignation is not really great, or a resignation ...Middle East

Quartz - Economy

As droves of people left their jobs in the last two years, the idea of work itself facing a pandemic reckoning became awfully attractive. The real story is simpler: The Great Resignation wasn’t.New research from the San Francisco Federal Reserve bank argues that the high rate of “quits” during the pandemic isn’t that unusual. The JOLTS dataset that contains that information only goes back to 2000, an era of relatively slow US growth. But, by looking at other measures of quitting, economist Bart Hobijn was able to find six episodes in the twentieth century when workers left jobs at similar rates—all during booms in employment like the one we are currently experiencing.“The current level of th

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Last updated : 05 April 2022 clock 08:22 PM

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