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Why Millennials Are Suddenly Quitting Jobs — And Why It Won’t Stop Soon
The “great resignation” trend is not going to fade away anytime soon.
As a millennial in the workforce, you’ve probably heard people say that your generation is lazy. But when it comes to quitting their jobs, millennials are more likely than any other generation to leave for greener pastures.
According to Harvard Business Review, Millennials (age 25–40) and Gen Z(age 18–24) are leading the “great resignation” trend.
IBM report says Gen-Z make up the majority of job quitters (33%), with Millennials coming in at 25 percent and baby boomers only making up 8 percent of the group leaving jobs involuntarily.
This shift in behavior can be attributed to several factors, but one of them is definitely not laziness or entitlement; instead, employers need to start thinking about how they’re engaging and motivating this new workforce if they want them to stick around long-term.
But why are millennials quitting more now than ever before when the job market is highly volatile — job vacancies decreased by 6.6 percent and the inflation rate surged to a whopping 5.3 percent from last year’s 1.3 percent?
