4 ms·

I would also like more information about this phenomenon. What’s the scale of this? For example, how many people accepted a job and then quit within a few days

I would also like more information about this phenomenon. What’s the scale of this? For example, how many people accepted a job and then quit within a few days? How did it impact these people’s lives? For example, did this result in increased recidivism? If so, at what scale?

netsharc 4y ago
The Great Resignation is curious, if I could speculate maybe it was the pandemic bailout and markets bubble (crypto too) making people think "I've got money now!". Now that everything is tumbling down, I wonder if people will start returning to work. Except now most businesses have seemingly stopped hiring yet again (even retail/hospitality?), so I guess whichever way it goes, OP is in trouble.
- xienze 4y ago
  > The Great Resignation is curious, if I could speculate maybe it was the pandemic bailout and markets bubble (crypto too) making people think "I've got money now!" I dunno if it’s even about money. The pandemic and the way it was handled REALLY messed with a lot of people’s heads. I’d say a not insignificant number of people had what amounts to a religious awakening of sorts. I’ve seen it myself, several people just deciding to make drastic life changes out of the blue.
- hooande 4y ago
  how large was the "pandemic bailout"? it looked like two checks from the govt and < 1 year of increased (doubled?) unemployment. seems like a total of $8,000 or less for most people, with a wide variance from person to person. Was this enough to make a large number of people stop working, even now into mid-2022? I really feel like the impact of several thousand dollars would be gone after a year, at most. yet many businesses near me are still under staffed and having trouble hiring.
  - dangrossman 4y ago
    I don't know how it relates, but I feel compelled to mention the PPP loan program as the largest part of the "pandemic bailout". It was $400 billion dollars in loans given out and forgiven with no repayment, to individual business owners and self-employed persons just as much as corporations. The average "loan" was just under $100K.
  - adam_arthur 4y ago
    $4T in total spending, plus debt/rent forbearance which effectively adds on top of this. You're forgetting the child tax credit as well, which was effectively a monthly stimulus check for many, and student loan forbearance, which nets out to something like $10B/month in increased consumer spending power
  - omgsean 4y ago
    The idea that it's caused by "bailouts" is just a talking point. Personally I think it boils down to a few things: 1. Older people taking retirement early when the pandemic hit. 2. People in service/public-facing industries leaving for jobs that could be done remotely, or going back to school. 3. Several hundred thousand working age people dying from COVID.
    - Terry_Roll 4y ago
      4. People have woken up to the current form of slavery called Capitalism. For a start, if the Govt wanted people to succeed they would teach law at school and update the public with the latest case law and legislation every few months, but the fact is, that doesn't happen, ergo the righteous can inflict their sadism on the uneducated, just like religion is psychological warfare on the uneducated. It all boils down to survival of the fittest and history repeatedly shows and the the US Govt & US Mil demonstrates, violence always wins the day.
    - native_samples 4y ago
      For 3: a. The official number is ~254,000 (in the USA) which is certainly a major over-estimate. True number is certainly far less. b. Employees who died or retired don't count as resigned.
- m3talsmith 4y ago
  The great resignation was mostly about us who could survive a paycheck or two, leveraging the chaos to demand our value: if the current employer wouldn’t pay it, others would. We didn’t hesitate to move and make the previous employer pay for their neglect of us.
starik36 4y ago
I had a conversation with an HR friend of mine recently. According to her, she is inundated with fake requests for unemployment from people that never worked at her employer. Or people join, then quit promptly and apply for unemployment. This is in California. I would think the state would have protections against this type of thing, but maybe not.
- GartzenDeHaes 4y ago
  You have to be "unemployed through no fault of your own" to be eligible for unemployment. https://edd.ca.gov/en/unemployment/eligibility/ https://edd.ca.gov/en/unemployment/eligibility/
  - pplante 4y ago
    Yes, that is the law. A nanny I employed in CA had put her two weeks in with us, then the last day of work she no-showed last minute. With two working parents you can imagine how well that was received. Anyhow, I told her to not come finish out her last day. So then she applies for unemployment a few weeks later. I got a notice from EDD and responded to it with the facts around her unemployment request, thinking surely they will deny her. There should have been two flags on her request: 1 - she quit, 2 - she no-showed the last day. It was processed and she was granted 26 weeks. I think they are so overwhelmed at EDD that her request was just pushed along through the process. There are so many stories of fraud at EDD that you have to wonder how much time the claims processors are spending on each application.
    - joenathanone 4y ago
      You can appeal the ruling, all the way up to presenting your case before a judge(at least in AZ).
      - gcheong 4y ago
        Probably hard to justify spending the time to pursue it in most cases.

netsharc 4y ago

The Great Resignation is curious, if I could speculate maybe it was the pandemic bailout and markets bubble (crypto too) making people think "I've got money now!". Now that everything is tumbling down, I wonder if people will start returning to work. Except now most businesses have seemingly stopped hiring yet again (even retail/hospitality?), so I guess whichever way it goes, OP is in trouble.

xienze 4y ago
> The Great Resignation is curious, if I could speculate maybe it was the pandemic bailout and markets bubble (crypto too) making people think "I've got money now!" I dunno if it’s even about money. The pandemic and the way it was handled REALLY messed with a lot of people’s heads. I’d say a not insignificant number of people had what amounts to a religious awakening of sorts. I’ve seen it myself, several people just deciding to make drastic life changes out of the blue.
hooande 4y ago
how large was the "pandemic bailout"? it looked like two checks from the govt and < 1 year of increased (doubled?) unemployment. seems like a total of $8,000 or less for most people, with a wide variance from person to person. Was this enough to make a large number of people stop working, even now into mid-2022? I really feel like the impact of several thousand dollars would be gone after a year, at most. yet many businesses near me are still under staffed and having trouble hiring.
- dangrossman 4y ago
  I don't know how it relates, but I feel compelled to mention the PPP loan program as the largest part of the "pandemic bailout". It was $400 billion dollars in loans given out and forgiven with no repayment, to individual business owners and self-employed persons just as much as corporations. The average "loan" was just under $100K.
- adam_arthur 4y ago
  $4T in total spending, plus debt/rent forbearance which effectively adds on top of this. You're forgetting the child tax credit as well, which was effectively a monthly stimulus check for many, and student loan forbearance, which nets out to something like $10B/month in increased consumer spending power
- omgsean 4y ago
  The idea that it's caused by "bailouts" is just a talking point. Personally I think it boils down to a few things: 1. Older people taking retirement early when the pandemic hit. 2. People in service/public-facing industries leaving for jobs that could be done remotely, or going back to school. 3. Several hundred thousand working age people dying from COVID.
  - Terry_Roll 4y ago
    4. People have woken up to the current form of slavery called Capitalism. For a start, if the Govt wanted people to succeed they would teach law at school and update the public with the latest case law and legislation every few months, but the fact is, that doesn't happen, ergo the righteous can inflict their sadism on the uneducated, just like religion is psychological warfare on the uneducated. It all boils down to survival of the fittest and history repeatedly shows and the the US Govt & US Mil demonstrates, violence always wins the day.
  - native_samples 4y ago
    For 3: a. The official number is ~254,000 (in the USA) which is certainly a major over-estimate. True number is certainly far less. b. Employees who died or retired don't count as resigned.
m3talsmith 4y ago
The great resignation was mostly about us who could survive a paycheck or two, leveraging the chaos to demand our value: if the current employer wouldn’t pay it, others would. We didn’t hesitate to move and make the previous employer pay for their neglect of us.

starik36 4y ago

I had a conversation with an HR friend of mine recently. According to her, she is inundated with fake requests for unemployment from people that never worked at her employer. Or people join, then quit promptly and apply for unemployment. This is in California. I would think the state would have protections against this type of thing, but maybe not.

GartzenDeHaes 4y ago
You have to be "unemployed through no fault of your own" to be eligible for unemployment. https://edd.ca.gov/en/unemployment/eligibility/ https://edd.ca.gov/en/unemployment/eligibility/
- pplante 4y ago
  Yes, that is the law. A nanny I employed in CA had put her two weeks in with us, then the last day of work she no-showed last minute. With two working parents you can imagine how well that was received. Anyhow, I told her to not come finish out her last day. So then she applies for unemployment a few weeks later. I got a notice from EDD and responded to it with the facts around her unemployment request, thinking surely they will deny her. There should have been two flags on her request: 1 - she quit, 2 - she no-showed the last day. It was processed and she was granted 26 weeks. I think they are so overwhelmed at EDD that her request was just pushed along through the process. There are so many stories of fraud at EDD that you have to wonder how much time the claims processors are spending on each application.
  - joenathanone 4y ago
    You can appeal the ruling, all the way up to presenting your case before a judge(at least in AZ).
    - gcheong 4y ago
      Probably hard to justify spending the time to pursue it in most cases.