Originally posted in our January 2022 Top of Mind Newsletter.
Chances are, you have heard about the Big Quit or the Great Resignation. In the US, the number of people quitting their jobs has never been higher than it is right now. In a recent 60 Minutes report, we hear from workers, employers, and others looking at national trends. So who is leaving, and why? While there are many nearing retirement age and exiting their careers early, even more people leaving their jobs are Gen Z-aged. Hospitality, construction, health care, and other similar sectors are seeing persistent job openings.
Some people say this is due entirely to the benefits provided by the government after the start of the pandemic, but this is only part of the story. While people looking for work want better pay and benefits, autonomy and flexibility are even more significant factors for attracting and keeping employees. As such, American workers have begun to value the ability to choose what you do, when you do it, and where you do it. This is great news for those of us trying to promote entrepreneurial culture in our communities and organizations.