The media is calling it the “Great Resignation.” Between April and September 2021, more than 24 million employees left their jobs, an all-time record.

Economists are calling it the “Great Upgrade” arguing that the current workforce dynamics are less about quitting, and more about workers finding “better” jobs. Data from the Economic Policy Institute, which shows that hiring actually exceeds quitting ratios in almost all sectors, would substantiate that theory.

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