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Remote workers are significantly more likely to say they’re burned out now compared with before the pandemic. Because remote workers are a very white-collar group, this fact has led to a great deal of news coverage claiming that the Great Resignation is being driven by white-collar professionals.
Given the government statistics and private survey data we currently have, these just seem like different phenomena. Strange as it sounds, the increase in self-reported burnout is happening in industries where workers are less likely to quit.
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If you zoom in on one sector - the accommodations and food-services industry - mostly composed of restaurants and hotels, this sector has seen more quits than any other part of the economy. But it’s not bleeding jobs. Quite the opposite: Accommodation and food services added 2 million employees i...
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The term Great Resignation was coined by Anthony Klotz, a professor at Texas A&M, in May; at the time, he framed a mass exodus from the workforce as a prediction for the next year. But since the bottom fell out of the economy in April 2020, the labor-force participation rate has increase...
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