The ‘Silver Tsunami’ is coming. Here’s what it means for your career
Aoibhinn Mc Bride and Jobbio
October 25/2024
The Great Resignation… the Big Quit… the Great Realization…
Whatever you called it, the pandemic heralded a seismic shift in how American workers viewed and approached work and their careers.
Instead of clinging to a job for life, millions in gainful employment decided to hand in their two weeks’ notice, without an offer for a new job or even a long-term plan for their future and see what happened next.
What happened next was economic instability, record-breaking inflation and mass layoffs (particularly in the tech sector), meaning having a job became more pressing than ever.
Four years on from the halcyon days of an abundance of jobs up for grabs—in July, the number of job openings in the U.S. fell to a 3.5 year low—the pendulum has firmly swung back in favor of employers.
