Re:The Great Resignation? More Like the Great Renegotiation
by ghaff on Tuesday January 25, 2022 @11:16AM
(#30073579)
Also, generally, the pandemic probably led to a lot of people on something of a glidepath towards retirement to think about pushing things up some number of years.
Re:The Great Resignation? More Like the Great Renegotiation
by vwcx on Tuesday January 25, 2022 @08:44PM
(#30080614)
The stock market is an excellent point. Feels like there is lots of under-indexing (no pun intended) for the sentiment associated with 40% passive growth in one's retirement account since the start of the pandemic.
There's this, but let's not forget that the S&P 500 is up about 40% relative to its pre-pandemic peak, so retirement accounts have been growing really fast. Staying home suddenly became an option for many.
There were already concerns about boomer retirements. Add a pandemic most dangerous to older people, lack of concern for worker safety, and massive increases in retirement accounts, and you have a lot of people that can and do stay home.