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Welcome to the YOLO Economy
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Welcome to the YOLO Economy

Burned out and flush with savings, some workers are quitting stable jobs in search of postpandemic adventure.

Kevin Roose
The New York Times, 2021
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9

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A year spent in lockdown has forced many employees to reevaluate their priorities and demand a new work-life balance – with some 40% thinking about leaving their jobs in 2021. While many will look for new employment, others are opting out of a traditional career path altogether. As New York Times technology columnist Kevin Roose explains, even previously risk-averse employees – in particular millennials – are walking away from stable incomes and saying, “YOLO”: you only live once. Employers seeking to retain their talent – as well as anyone hoping to better understand the post-pandemic labor market – will benefit from Roose’s insights.

Take-Aways

  • After spending a year hunkered down, surveys suggest some 40% of employees are thinking about leaving their jobs in 2021.
  • As the economy recovers and remote work becomes normalized, employees feel emboldened to take more risks.
  • Drained and disillusioned employees are seeking a better work-life balance.

About the Author

Kevin Roose is a technology columnist for The New York Times and author of Futureproof: 9 Rules for Humans in the Age of Automation.

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