🧠Is the great resignation a real thing?
Or is it just a new name for mid life crisis? | Making sense of the "big quit" | Wisdom Letter #141
So we’re continuing with our theme from last week - switching jobs mid-career.
Let’s talk about a more tangible phenomenon being witnessed over the last year or so - The Great Resignation.
The Great Resignation is defined as an unprecedented rise in the number of workers resigning from their jobs following the pandemic.
This is a good primer from WSJ:
This video from Trevor Noah is a funny take on the concept:
So what are the reasons for people to quit?
The benefits of remote work
Burnt out
Want to try out a different career path.
These were my top reasons when I quit my job last year.
But there is an argument that this is just another version of the mid-life crisis.
According to a report from Vox, older more tenured people are increasingly quitting their jobs. Instead of the younger folk.
Check this graph:
Yea looks like a mid-life crisis fueling the great resignation.
Read the article from VOX:
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More on The Great Resignation
The truth about the ‘great resignation’ – who changed jobs, where they went, and why | The Conversation
Majority of workers who quit a job in 2021 cite low pay, no opportunities for advancement, feeling disrespected | Pew Research
What is 'The Great Resignation'? An expert explains | Weforum
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