‘I Quit My Job’ Is a Signal of Economic Recovery

That was the case with Matt Gisin, 24, who left his job as a graphic designer at a health and wellness company this month. During the pandemic, he was able to work remotely and without commuting, he had more time to spend on hobbies like CrossFit and video game streaming.

“I’ve gotten very used to all this time and all this freedom,” he said.

But slowly his company began to require employees to come back to the office, first two days a week, then three, then four. With so many people commuting to work in their cars, his drive from his home in Mamaroneck, NY, to central Long Island could take up to two hours each way, leaving little time for leisure activities.

“I wasn’t happy anymore,” he said. “I found my happiness doing lots of outdoor activities, so I took this plunge to walk.” Now he’s hoping to find a job in the video game industry.

Economists believe the increased levels of smoking cessation will continue for some time as the pandemic subsides and the economy rebalances.

“I would be surprised if this ends before the end of summer,” said Andrew Chamberlain, chief economist at Glassdoor. However, he also said there was an “expiration date”: high numbers of workers leaving will contribute to labor shortages, eventually forcing employers to raise wages and other incentives that will help keep workers back to lure and restore economic equilibrium.

In the meantime, he said, workers – especially those on low wages – will continue to influence employers.

“The longer this shortage lasts, the more bargaining power you put in the hands of very low-skilled workers,” he said. “There is some evidence that employers are responding in response and this is unusual.”

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