Big Quit

What do you get when you combine wage stagnation, a rising cost of living and unresponsive employers with the Covid-19 pandemic? You get an economic trend in which employees voluntarily resign from their jobs en masse, primarily in the United States; starting early 2021 we've seen the birth of the Great Resignation, also known as the Big Quit.

_{source: flickr}

One of the very few blessings of the pandemic was time. Time to think, to reflect on the important things in life without the hassle of commuting to work every day, or without a job at all in many cases. We even gained a renewed appreciation for time itself as we realized how much of it is spent on our professional lifes, leaving so little for ourselves and our families. While we were panicking about the virus, vaccines, quarantines, jobs lost and so on, we suddenly had time on our hands to spend with family and reassess our professional lifes, or lack thereof. The pandemic opened our eyes to a lot of things, not the least of which was the fact, for many of us, that we can do our jobs from home; there's no need for the time lost commuting to the office. Eliminating the daily commute doesn't just benefit us individually, it solves traffic jams and helps with fighting climate change as well; three major problems solved, and we needed a pandemic to realize this en masse.

In October, 4.1 million US workers quit their jobs. That was down from a record 4.4 million who left the workforce the month before and 4.3 million in August. But it was still higher than any month through July of this year, according to US Bureau of Labor Statistics data.

A recent survey of 26,000 employees by the job-search site Joblist showed 22% of all job seekers reported quitting their previous job, and 73% of currently employed workers said they are actively thinking about quitting their jobs.
_{source: Computerworld}

Rethinking our lifes made many of us conclude that we don't like the way we're treated by our employers. This was made worse by the employers and the media when the labor shortage following the Great Resignation was explained as workers being lazy. Workers aren't lazy and there's no labor shortage; there's a wage shortage, a general shortage of appreciation for workers. Workers are fed up with that lack of appreciation, and they've had it with their bosses becoming richer while they themselves are left behind. During the pandemic some of the hardest workers with the worst pay-checks were dubbed "essential workers." Words of praise were directed to the delivery persons, healthcare workers and others who were heralded as the saviors of the economy, but did they get a raise? Of course not. And when they quit, they were just "lazy." No. They're just realizing that hustling 70 hours per week for a boss who doesn't appreciate them is just not worth it.

Another "class" of workers realized that to survive they don't need the 5000 extra dollars per year they made by putting in extra work making overtime. They decided they'd rather spend that time with their family or their hobbies. Others went out on the job market and found another job, hoping they'll be appreciated better by another boss. But no, the capitalists and their subservient goons at the mainstream media blamed the Big Quit on laziness and entitlement mentality. Never did the bosses look at themselves and asked if maybe, just maybe, the fault lies with them. If you ask me, they're the ones who act entitled, and I truly don't understand how they could have thought they could live so large and leave so little for the rest of us, especially their own workers. Although I believe I've mentioned the main points, for a deep dive into the reasons behind the Great Resignation, please watch the below linked video.

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