Tuesday morning news drop
Why is everyone quitting, and how do I know whether it’s time to leave my job? Waves of Americans are leaving their jobs as part of the ‘Great Resignation.’ Here’s why: A record number of workers are quitting their jobs, empowered by new leverage (Washington Post)
Who Is Driving the Great Resignation? The last several months have seen a tidal wave of resignations, in the U.S. and around the world. What can employers do to combat what’s being called the Great Resignation? The author shares several key insights from an in-depth analysis of more than 9 million employee records at 4,000 global companies, and offers a three-step plan to help employers take a more data-driven approach to retention: First, employers should quantify both the problem and its impact on key business metrics. Next, they should identify the root causes that are driving workers to resign. Finally, organizations should implement targeted retention campaigns designed to address the specific issues that they struggle with the most. (HBR)
The Great Resignation Is Accelerating A lasting effect of this pandemic will be a revolution in worker expectations. (Atlantic)
Americans Are Overworked And Over Work “As I've gotten older, work is definitely [still] really important, but I think I've started to see it less as my identity.” (Buzzfeed)
Don’t Blame Workers for Inflation It shouldn’t come as a surprise that labor productivity remains strong. The U.S. gross domestic product has bounced back to above its prepandemic peak, while the number of workers employed remains millions below the prepandemic level. That simply says that output per worker has grown. Which is great for employers. It means that they don’t need to raise prices to cover higher labor costs.(New York Times)
What Happens When Airbnb Swallows Your Neighborhood The McMansions and large parties are possible because houses that used to be rented for a year by people who live in Austin are now rented for a weekend by people who just visit Austin (Slate)
How to Buy or Lease a New Car: Select the right vehicle, decide between leasing or buying, and prepare to negotiate with the dealer using this handy guide. (Car and Driver)
Red Covid: Covid’s partisan pattern is growing more extreme. The political divide over vaccinations is so large that almost every reliably blue state now has a higher vaccination rate than almost every reliably red state: (New York Times)
The Republican anti-vax delusion America’s vaccination programme is stalling. Populist conservatives are to blame (Economist)
Paul McCartney Doesn’t Really Want to Stop the Show: Half a century after the Beatles broke up, he’s still correcting the record—and making new ones. (New Yorker)
Will the remastered Grand Theft Autos’ American satire hold up? The world’s bestselling video game series combined reverence of US cinema with satire of nihilistic capitalism. But in a post-Trump world, what does GTA have left to say? (Guardian)
Growth Bubble: Making Money on Companies that Make No Money More than half of U.S. Growth stocks* have negative earnings, yet Growth stocks have dramatically outperformed in the past few years (GMO)
