As the Pandemic Recedes, Millions of Workers Are Saying 'I Quit'
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Re: As the Pandemic Recedes, Millions of Workers Are Saying 'I Quit'
#2A similar story with more quantitative data appeared recently in the Economist :
https://www.economist.com/graphic-detail/2021/06/21/american...
Re: As the Pandemic Recedes, Millions of Workers Are Saying 'I Quit'
#3Inflation of specific asset prices is also playing into this. Money is losing its value. Try buying a house with a regular wage nowadays. Politicians, central banks and economic experts are sleeping at the helm.
Re: As the Pandemic Recedes, Millions of Workers Are Saying 'I Quit'
#4A similar story with more quantitative data appeared recently in the Economist : https://www.economist.com/graphic-detail/2021/06/21/american...
Re: As the Pandemic Recedes, Millions of Workers Are Saying 'I Quit'
#5I am glad the pandemic has been a wake up call for so many people about the value of their time and how different things could be if they cut out pointless meetings and long commutes that they don’t even get paid for.
Re: As the Pandemic Recedes, Millions of Workers Are Saying 'I Quit'
#6Inflation of specific asset prices is also playing into this. Money is losing its value. Try buying a house with a regular wage nowadays. Politicians, central banks and economic experts are sleeping at the helm.
It's the 0.1% that pays them to sleep on the job we're paying for with our middle class taxes.
Re: As the Pandemic Recedes, Millions of Workers Are Saying 'I Quit'
#7Inflation of specific asset prices is also playing into this. Money is losing its value. Try buying a house with a regular wage nowadays. Politicians, central banks and economic experts are sleeping at the helm.
Cheap wants, expensive needs. This is our economy now.
"I love my iPhone, but I worry about health insurance." as I've heard it put here on HN.
Ironically, the Soviet system fell from opposite. Expensive wants, cheap needs. Everyone saw the West getting cheaper and cheaper consumer goods and central planning failed to keep up.
Now we get to see what happens.
Re: As the Pandemic Recedes, Millions of Workers Are Saying 'I Quit'
#8The first guy in the article is a dev. There's never been a better time to find work as a dev. Jobs are handing out more money with more flexibility than ever seen before. On top of it all, if your firm wants people back in the office soon, now is the time to do loads of remote interviews so that you can keep being remote.
I was interviewing recently and almost everyone is at least partly remote, with a huge number of 100% remote. Even people that I know don't like the idea are bending and giving two or three days remote.
On the restaurant-type work, I'd say a bunch of people have been given a breather from the treadmill, and they're using it to look around. I see this as mostly positive, but it does suggest that a lot of people are completely swamped, working all the time, spending everything. The little bit of credit they got from the pandemic payment has unlocked a great reckoning with the labor market. Previously if you didn't like your job, you were screwed. Somehow find time to interview/upskill, or somehow jump the gap with your savings.
Re: As the Pandemic Recedes, Millions of Workers Are Saying 'I Quit'
#9This is admirable but the truth is that these jobs will not disappear, they will simply be outsourced abroad. There’s swaths of competent people abroad that are happy to take your (overpaid) place and the major shift to remote work tools has made it all the easier to blend in your team even if they’re working from another country. On top of this, foreign workers usually get paid 1/3 of the American salary, so the employers are extra incentivized to outsource these jobs.
Re: As the Pandemic Recedes, Millions of Workers Are Saying 'I Quit'
#10The first guy in the article is a dev. There's never been a better time to find work as a dev. Jobs are handing out more money with more flexibility than ever seen before. On top of it all, if your firm wants people back in the office soon, now is the time to do loads of remote interviews so that you can keep being remote. I was interviewing recently and almost everyone is at least partly remote, with a huge number o…
> Jobs are handing out more money with more flexibility than ever seen before.
I'm in the UK and not seeing any of this.