Story perspectives
Great Resignation: 100 Million Seek Better Pay Post-Pandemic
2/21/2025
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Story summary
- The Covid-19 pandemic in 2020 resulted in significant layoffs and hiring freezes, creating a surplus of job seekers.
- As the economy reopened in 2021, businesses encountered a labor shortage with many unfilled positions.
- This transition sparked the Great Resignation (2021-2023), with over 100 million U.S. workers seeking better pay and benefits.
