Econ Extra: The Great Resignation - Blog
EconExtra is a series of posts that go beyond the textbook, relating current events and recent developments in economics to content standards, and providing resource suggestions to help you incorporate the current events into your lessons. The content in this post could be incorporated into lessons covering several of the EEC Voluntary Content Standards, including 1: Scarcity, 11: Money and Inflation, 13: Income, 15: Economic Growth, 18: Economic Fluctuations, 19: Unemployment and Inflation, and 20: Fiscal and Monetary Policy. The Headlines We’ve had the “Great Depression,” the “Great Recession,” and now, the “Great Resignation.” Headlines abound regarding how many people are leaving the workforce. April set a new record for the number of people quitting their jobs, only to be surpassed in July, and again in August, when 4.3 million people, or 3% of the workforce, quit. Why are so many Americans quitting their jobs?