The willingness of workers to leave their jobs, referred to in the media as the Great Resignation, the Big Quit, and the Great Reshuffle, has never been so high. Over the past two or so years, the job resignation rate in the U.S has been on an upward trend, after dropping sharply during the beginning of the pandemic, according to the Bureau of Labor Statistics. It currently remains at a 25-year high. The reasons vary and include a move to a new job with better compensation and advancement opportunities, a career change, transition to part-time work, overall burn-out, and retirement. Additionally, many people felt that the old strictures of 5 days a week in the office did not offer the flexibility of the work-from-home environment they had grown accustomed to during the pandemic. According to the Pew Research Center, in 2021, younger workers were far more likely to quit than older ones. However, regardless of age and the reasons for leaving a job, developing a thoughtful plan prior to the event can help minimize the potential negative impact of job loss:
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