New Times,
New Thinking.

  1. Business
  2. Work
16 November 2021updated 25 Nov 2021 12:58pm

What we’re getting wrong about the “Great Resignation”

New data shows resignations in the UK are at their highest level in 20 years, but that people are quitting to follow their dreams isn't quite right.

By Katharine Swindells

The story goes that we are in the midst of a “Great Resignation”, with people quitting their jobs at unprecedented rates, leaving the drudgery of office life behind to try a new career or even travel the world. But new figures appear to call that assertion into doubt, suggesting the vast majority of quitters aren’t quite doing that: instead, they’re leaving their jobs in favour of another, probably quite similar, role.

According to Goldman Sachs, activity on the “antiwork” subreddit is growing rapidly, quickly becoming one of Reddit’s top-ranking communities. In August 2021 the United States experienced the highest number of resignations on record, with nearly 3 per cent of workers quitting their jobs. In food and accommodation services, that figure was 7 per cent.

Subscribe to The New Statesman today from only £8.99 per month
Content from our partners
Towards an NHS fit for the future
How drones can revolutionise UK public services
Chelsea Valentine Q&A: “Embrace the learning process and develop your skills”