Updated: Sep 23, 2021
“The Great Resignation” is here in full force. The term, coined by Anthony Klotz, is a phenomenon when there’s a massive, voluntary exodus from the workforce. A recent survey conducted by LinkedIn found that in addition to the 11.5 million workers who have already quit between April-May of 2021, another 41% are considering it. Gallup found that 48% are actively looking for new opportunities.
Ironically, this creates incredible opportunities for career breakers.
Why is this happening? Workers are reconsidering life priorities; their personal values are aligned with employers’ values; they’re unable or unwilling to go back for those in-person mandates, and feeling overworked and underappreciated. While it’s a combination of reasons, people don’t take quitting lightly. It’s an agonizing decision that’s compounded during times of uncertainty. Yet millions are still doing it. One lesson from the pandemic is the amount of time we have on this planet is uncertain. For many, it means moving towards the YOLO economy.
Why is this a good thing for me? If you haven’t been working, either for years or recently laid off, you may be wondering what this mass exodus means for you when you’re not actually exiting a job. At some point though you are going to want to get back to work, and when you do this is why it’s good:
It’s a candidate’s job market (and will continue to be), which means a ton of new jobs are opening daily and companies are getting creative in hiring (i.e. actively looking for non-traditional candidates).