top of page
  • Frank Tian

Mid-Age Reshuffle

Great Resignation actually is driven by the Great Midlife Crisis?

More tenured, mid-aged professionals join the great reshuffle.

This VOX report analyzed the reasons behind: 👇



This March, a record of 4.5 million people quit in the US.

The great resignation or reshuffle does not slow down.


However, the composition of those who quit changed through the pandemic.


In 1st year: younger, less tenured, in retail and food service industries.

In 2nd year: older, more tenured, in knowledge industries - finance and tech.


Multiple reasons:

  • Pursue flexibility of WFH vs. RTO

  • Financial gains by switching jobs

  • Having the financial cushion to pause or pivot

  • In search of purpose as the pandemic reminds


As it says:

"Your 2nd life begins as you realize you only have 1"



Recent Posts

See All

🚰 Water-cooler Chat: The Path to the Top Job

Lately, the CEO succession at Scotiabank grabbed the media attention. The result was controversial as the one-time interviewer eventually took the job. For details, you can read the Globe and Mail’s r

💼 Financial Jobs Dipped Slightly

Despite the layoff headlines, # jobs in finance and insurance largely held steady in September. 🟦 BLS reported a decrease of 13K jobs in the month. That is -0.2% from the previous month’s 6.6 million

Tech Talents - Financial World Wants You!

The tech world is experiencing downsizing, but there are always opportunities elsewhere. 🟩 CFPB Looking For Technologists CFPB currently is hiring talents with skills in Data Science & Strategy, Soft

Comments


bottom of page