The Great Resignation: Why Millions Of Workers Are Quitting

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Americans are leaving their jobs in droves. In August 4.3 million Americans quit their jobs. While some people have left the workforce entirely, job security and better pay are top concerns for others. Dubbed “The Great Resignation”, the exodus of workers has created hiring challenges for companies and left millions of jobs unfilled. More than half of U.S. workers surveyed said they plan to look for a new job in the coming year, according to Bankrate’s August jobseeker survey. Some 56% of respondents said adjustable working hours and remote work were a priority. Working women have faced an additional burden, juggling childcare duties, virtual schooling and their careers. So, what does the realignment of the workforce mean for employees and businesses? And what steps should you take before quitting your job?

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The Great Resignation: Why Millions Of Workers Are Quitting

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26 COMMENTS

  1. Maybe they can't meet their need, imagine working for 40yrs to have $1m in your retirement, while some people are putting just $10k in a meme coin for just few months and become multi millionaires. if you don't invest, you're missing out on opportunities to increase your financial status

  2. This video inspired me to create a video about the great resignation. It took me about 6 months to create this on top of my full-time job, setting aside at least 4x of 1 hr workout per week, cooking healthy foods that take hours to prepare, rejecting so many night outs just to spend more time pursuing my passion while having so many people discourage me from creating meaningful videos online like this channel.

    As you can tell, personal development isn’t a joke because there are so many sacrifices to be made, which are often uncomfortable but knowing that there are also so many like-minded individuals who have passion for becoming a better version of themselves each day and who are willing to show support makes me more motivated to keep pursuing my passion for creativity and intense desire to provide as much value as I could.

    When I was a kid, all I wanted was to have a career that pays well so I can buy whatever I want but now that I’m grown up and went through tons of setbacks from losing tons of people in my life, getting lost in the world with full of life traps, being ridiculed for pursuing my dreams, having so many people tell me that I’m merely wasting my time creating a meaningful content online, and so on, I can say that long-lasting happiness can’t be bought or earned because it comes from within us.

  3. Things are a little off right now. The US dollar's purchasing power is declining, while its value as a whole is rising. Assets like stocks, homes, cryptocurrencies, and precious metals aren't performing as well as they could because individuals are investing their money in dollars for security. I'm worried that my $320,000 in savings may lose value rapidly. What should I do to secure my money?

  4. WAGES not keeping up with cost of living?? It's more like cost of living is keeping up with higher wages. Being in the military and living in a military town, when we got raises, the businesses knew it and would raise their prices and rents. You NEVER get a raise people!! The ONLY people who get a raise are business owners and landlords. LEARN THIS FACT!!

  5. Main problem is that employers have treated employees as liabilities rather than assets. They constantly demand output not even remotely in line with the slave wages they pay, then create a hostile work environment to punish "poor performance". They also don't care about the simple fact that employees are human, and have (need) lives outside of work.

    My last employer touted themselves as "a family" which is one of the major red flags of a toxic workplace. If you were in any way different from their idea of "family" you were always treated very poorly. Lack of respect for knowledge, no thanks or recognition for anything unique or valuable you brought to the table, assigning you work tasks at a higher level than your job title or trade license was, then refusing to pay accordingly or even acknowledge the "extra mile." When I lost a family member my "family environment" employer acted like I was disloyal to ask for bereavement leave to attend the services out of state.

    So yeah, screw it. I am restarting (at age 60) my own business where I am the one responsible for my fate, no longer subject to the mood swings of a boss who stabs me in the back repeatedly and expects me to be grateful for the "honor" of working for him.

  6. And now it's $9 to get a burger at Wendy's. Wage/price inflation cycle smiles slyly. The folks working at near the bottom stay near the bottom.

  7. Regardless of the wage increase and benefits its a bad deal for most people. Unless companies pay an employee a decent wage to afford 1 bedroom apartment with basic utilities in the US. If you add inflation to the mix and it’s better just not to work at all. Nobody wants to work 3 different jobs to be able to live paycheck to paycheck never seeing sunlight. The answer is Pay a living wage to cover basic food and shelter then only then will you start getting applications. The truth is Walmart apple, and Starbucks can afford paying more and offering more to its employees. But they will not happen due to greed.

  8. All these jobs are crap. Crappy snooty hick co workers, coked out bosses banging secretary's and pay that just keeps your head above water. They aren't jobs, I call them scams.

  9. They Resign because of disrespect and low wages, inflation here and there. Most times it amazes me greatly how I moved from an average lifestyle to earning over $63k per month, Utter shock is the word. I have understood a lot in the past few years that there are lots of opportunities in the financial market. The only thing is to know where to invest.

  10. Management has to change their old additude of if you don’t like the pay, don’t let the door hit you in the butt on the way out. You can be replaced by anyone off the street.

  11. They got tired of verbal abuse from customers. That's not in the job description and not what they sign up for. $12.00-$15.00 per hour isn't enough to put up with that. Employees are people with feelings, I think some have forgotten that.

  12. I loved all the work shortages at fastfood places. The public has been treating those people like dirt for decades telling them "this isn't a career, it's a job for high schoolers. If you want a living wage, work somewhere else." So they all quit to seek out those living wages and suddenly it's "Nobody wants to work anymore!" Love it. Reap what you sow

  13. I quit my job because I wasn’t trained properly, every day I was being given a totally different task I didn’t know about and I arrived a half hour early and went home a half hour late and wasn’t compensated and had to do training on my own time when I got home.

    Never had more anxiety attacks in my life.

Comments are closed.