The Not a Blog — economic crisis
The great generation of resignation
career change economic crisis employment opportunities entrepreneurship financial insecurity future of work gen z gig economy great resignation innovative work job market mental health millennials purposeful work remotework self care self employment societal impact values driven careers work life balance work stress workforce workforce adaptation workforce changes workforce development workforce diversity workforce inclusion workforce reinvention workforce retraining workforce sustainability workforce transition workforce trends workplace culture workplace evolution
The "great resignation" refers to a phenomenon in which a large number of people, mostly belonging to the millennial and Gen Z generations, are opting out of the traditional 9-to-5 workweek and the rat race of climbing the corporate ladder. These individuals are instead choosing to prioritize their mental and physical well-being, and to seek out work that is more fulfilling and aligns with their values. One reason for this shift is the changing economic landscape. The 2008 financial crisis and subsequent recession had a significant impact on the job market, particularly for young people. Many millennials graduated into a...