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Old 07-14-2021, 08:22 AM   #233
jeffk
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Quote:
Originally Posted by thinkxingu View Post
I just heard a phrase I hadn't heard previously and thought I'd share an article that corresponds to the "great resignation."

I've not read this yet but thought I'd put it here for thoughts. Have any business owners seen a "return to work" movement since the unemployment benefits have been cancelled?

https://www.npr.org/2021/06/24/10079...-saying-i-quit

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Interesting article.

I would point out that, like the people in this article, many people have been stressed out either by COVID issues, resulting short staffing, or by the nature of their jobs in general. Some feel under paid and/or unappreciated.

OK.

Like the software developer, some people are looking for job satisfaction/life balance. Great. But guess what. The nature of work is better paying jobs come with higher skill requirements and demands for performance and responsibility. Some are looking for other work that lets them spend more time with their kids. Nice, however, when those kids want to go to a sports camp and eventually go to college, you ALSO need money to pay for those things. Only YOU can decide if 10 extra hours per week at work and away from your kids plus additional work stress is WORTH being able to pay the bills that go along with raising kids.

These people questioning their life path WILL have to find other work. They will probably eventually find another truth as well; THERE IS NO PERFECT SOLUTION TO LIFE'S CHALLENGES AND DEMANDS. All jobs have their flaws. There is always a problem balancing available free time vs. money needed and the balance point is UNIQUE to each individual. Further, you may feel you are underpaid but do you have the skills and work ethic to get a better paying job? Are you willing to put in the effort to achieve the skill levels needed? I would suggest that the thing holding most people back from better pay and more rewarding work is THEMSELVES.

So, there is going to be a great reshuffling. Some people, as bills pile up, are going to end up in the same type of jobs they were in before. Some will jump into entirely new fields with success or failure. Old jobs will be picked up by other people making a change or new in the workforce.

COVID has been a great unsettling influence and it may take a few years to rebalance the economy. This kind of process has happened before and will happen again.
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