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    Home » People » “The Great Resignation” – Author Explains Why Many Young People Have Resigned From Their Job
    People

    “The Great Resignation” – Author Explains Why Many Young People Have Resigned From Their Job

    The Great resignation
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    April this year, the significant number of workers who quit their job in a single month broke an all-time record and have remained abnormally high for the last several months. This widespread trend, which economists call ‘The Great Resignation’, has created challenges for companies with millions of jobs left unfilled. According to the US Bureau of Labor Statistics, about 4 million Americans quit their jobs resulting to a record-breaking 10 million open jobs at the end of July.

    With the pandemic remaining a threat, the voluntary exodus of workers which is happening not only in the US but around the world, has shaken the entire world of work. But why are workers quitting their jobs now, particularly with the current pandemic plunging global economy into deep recessions? We’ve seen many businesses shutting down or getting short-staffed recently because working millennials are resigning from their jobs. Economists are attributing The Great Resignation phenomena to several factors including low wage, untenable working conditions, and burnout particularly among frontline workers in retail, food service, and health care.

     

    Young People Are Quitting Their Jobs; Economists Call This Trend ‘The Great Resignation’

    dunkin short-staffed sign
    supersport1104

     

    no one wants to work anymore sign
    fightfor15

    While the economists are on the mark with these valid reasons, New York Times bestselling author Kurt Eichenwald thinks that the root cause of The Great Resignation is more than these obvious factors. On his Twitter page, Eichenwald gave his two cents on the matter. He commenced his series of tweets by saying that the current surge of voluntary job departures is not about people not wanting to work. But rather, the underlying reason lies on people’s realization that the American dream is indeed nothing but a pipe dream.

    kurt eichenwald the great resignation
    kurteichenwald

    Here are the rest of his tweets that try to explain why The Great Resignation is happening right now

    kurt eichenwald the great resignation greed culture

     

    kurt eichenwald the great resignation unaffordable luxury

     

    kurt eichenwald american dream is dead

     

    kurt eichenwald the great resignation cause

     

    kurt eichenwald workers exodus cause

     

    kurt eichenwald the great resignation boomers fault

     

    kurt eichenwald the great resignation job requirements

     

    kurt eichenwald workers exodus student loan

     

    kurt eichenwald workers exodus college degree

     

    kurt eichenwald bill clark high school degree

     

    kurt eichenwald workers exodus educational attainment

     

    kurt eichenwald the great resignation fair wages

     

    kurt eichenwald the great resignation inevitable

     

    Here’s what people have to say about his opinions

    kurt eichenwald the great resignation comment jason merritt

     

    kurt eichenwald american dream comment don priola

     

    kurt eichenwald the great resignation comment cassandra ross

     

    kurt eichenwald american dream comment patty marie

    What are your thoughts about the real cause of The Great Resignation? Share your opinions on the comment section below.

    Source: Twitter

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    employee employment resignation work
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