'The Big Quit': Close to 70% of US workers plan to leave their jobs in 2023 — wi...
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Close to 70% of US workers plan to leave their jobs in 2023 — with Gen Z, millennials leading the way. 3 tips to successfully carve a new career path this year
Ever since London-based management professor Anthony Klotz coined the term “Great Resignation,” smug bosses and clueless C-suiters have predicted its eventual demise and a return to the days of groveling job seekers.
They’re still waiting.
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But workers are undoubtedly unsatisfied. In a recent LinkedIn study, almost 70% of Gen Z and millennial Americans stated they planned to leave their jobs in 2023. And with unemployment at a low 3.4% with many jobs left over, all signs seem to point to this fact: American workers have had enough. Worker dissatisfaction is only part of the story, as inflation has outpaced salaries nationwide. So what’s the boss to do?
Maybe there’s nothing they can do, as younger generations are choosing to ditch the whole boss thing altogether — not just in America but worldwide. In a September 2022 Microsoft report that covered 11 countries, about 76% of Gen Z and millennials stated that they plan to run their own shop. Gen X and older cohorts weren’t far behind at 63%.
If Gen Z and Millennials are demanding more from their work, there’s a good reason: They’re the most educated Americans in history. Some 63% of millennials have a college degree, while 57% of Gen Zs 17 and older are working on one.
Yet waving goodbye to your supervisor doesn’t have to equate to leaving work behind altogether. Freelancing is in; entrepreneurial paths are clearer cut than in generations past. If this sounds like an aspiration worth your perspiration, here are three tips to achieve it in 2023.
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