The ‘Great Resignation’ goes global…

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In the United States, the phenomenon dubbed as the “Great Resignation” seems to be picking up speed. A record 4.3 million U.S. workers quit their jobs in August, according to new data from the Labor Department — a figure that expands to 20 million if measured back to April. Many of these resignations took place in the retail and hospitality sectors, with employees opting out of difficult, low-wage jobs. But the quitting spans a broad spectrum of the American workforce, as the toll of the pandemic — and the tortuous path to recovery — keeps fueling what Atlantic writer Derek Thompson has described as “a centrifugal moment in American economic history.”

Wages are up and businesses face staffing shortages, while the experience of a sustained public health emergency has prompted myriad Americans to reevaluate their work options.

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