Why 25% Of Workers Just Quit Their Job

Lets talk about Quiet Quitting, its impact on workers, and what this means for the economy - Add me on Instagram: GPStephan | GET MY WEEKLY EMAIL MARKET RECAP NEWSLETTER: http://grahamstephan.com/newsletter

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Even though the term “Quiet Quitting” has existed for well over a decade…the RECENT trajectory is all thanks to a viral TikTok, which summarized that - even though you’re not outright QUITTING YOUR JOB - you’re quitting the idea of going “above and beyond.” You’re still performing your duties, but you’re no longer subscribing to the “hustle culture mentality” that work has to be your life - and that, your worth is not defined by your productive output.

However, the reality is: “acting your wage” will come at the cost that - long term, you’ll likely have a much harder time getting a promotion, working up to new opportunities, or even keeping your job - IF that’s something you value.

If you’re the type who WANTS recognition, who WANTS to grow within their career, and WANTS to eventually make more money…it’s often BETTER to give a LITTLE MORE than expected, and by doing so - you make a lasting impact that sets you apart from the competition.

In addition to that, it also serves as your safety net in the event we DO enter a severe recession with mass layoffs…because, like it or not…throughout recessions, we tend to see a COMPLETE contraction across the entire economy, including job losses.

I would take this EXTREMELY SERIOUSLY…because, even though it’s easy to “quietly quit” while unemployment is at an all time low, since 1955 "the U.S. economy has always experienced a recession within two years from every quarter in which inflation was above 4% and unemployment was below 5%, as they are today.”….and, on top of that…the unemployment rate has NEVER held below 3.5% for more than a year.

From my perspective, it’s totally okay to set boundaries in terms of your work/life balance…but, it shouldn’t be surprising if someone else gets the promotion, or a better opportunity - and that needs to be factored in, at least to SOME degree.

Of course, on the flip side: employers can’t simply expect their employees to keep 1-upping each other for a raise that doesn’t match inflation - plus, I’m sure it’s also demotivating to see the person who slacks off, getting paid the same as the person who takes on extra work, so, companies NEED to cultivate an environment where there CAN be incentives along the way.

Now, as far as what YOU could do about it: honestly, if you’re the type who’s happy with what they’re doing, self-motivated, and has a clear path for what you want, this is an opportunity to stand out in the workplace, and solidify yourself as someone who indispensable for the company. It could also be a great time to look for other work that’s more personally fulfilling, or - creates a better environment for what YOU want out of life.

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