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It may be tempting to say “I quit” as the nation emerges from the Covid pandemic.
You wouldn’t be alone. Four million Americans quit their jobs in April, a record high, according to the Labor Department. More than a quarter, or 27%, plan to leave their employer as the pandemic subsides, a survey from Eagle Hill Consulting found.
It’s been coined “The Great Resignation.”
“We have more time to think about: Do I enjoy what I’m doing? Is there a way I can do something I will get more joy from?” said certified financial planner Diahann Lassus, managing partner at Peapack Private Wealth Management, based in New Providence, New Jersey.
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“That makes perfect sense, given what we have been through,” she added. “Life is too short.”
People may be unhappy at their jobs or unwilling to return to the office after working from home for more than a year. They were able to ditch their commute, have more freedom and family time, and perhaps save some money.
Of the 38% of Americans who worked from home at some point during the pandemic, 57% said it had a positive impact on their personal finances, a survey from Bankrate.com found. Millennials (ages 25-40) and Gen Zers (ages 18-24) were most…
