The Bottomline

During the pandemic, the government has pursued expansionary fiscal and monetary policy. As a result, many workers have been empowered to find new and better jobs fueling the “Great Resignation” as they abscond from their employers for better opportunities. These workers did not suddenly become more skilled over the last two years, they gained leverage in a labor market that can no longer demand they jump through hoops in order to do a job they always had the ability to do.