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BBC: What We’re Getting Wrong About the ‘Great Resignation’

The BBC recently spoke with Jay Zagorsky, senior lecturer in markets, public policy, and law, about the ‘Great Resignation’ and what we’re getting wrong.

Jay Zagorsky

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The BBC recently spoke with Jay Zagorsky, senior lecturer in markets, public policy, and law, about the ‘Great Resignation’ and what we’re getting wrong. In August of 2021, about 3% of the US workforce left their jobs. The reasons are varied from poor working conditions amidst the ongoing pandemic to a refocus on work/life balance.

“I do believe there are thousands of individuals who are just fed up. They are overworked, they feel underappreciated,” says Jay Zagorsky. “Because many workers are in high-wage industries and are working incredibly long hours, there is a significant number of people who are just quitting.”

But, do we have enough data to really know what is behind the mass exodus, or enough data to determine whether this is as big of an issue as it’s perceived to be in the media. The article explores this topic.

Read the full article.

Jay Zagorsky is a Senior Lecturer in Markets, Public Policy, & Law and is a cross-disciplinary researcher who has spent over two decades of researching a wide variety of personal wealth topics. He tries to explain why some people become rich, others are poor and some move between these two states. He is currently synthesizing this research into a book that presents the results of his academic research and other wealth researchers in an accessible format.