Great Resignation Is Slowing Amid High Inflation, Randstad Says
People wait in line to get into a job fair in New York.
Photographer: Spencer Platt/Getty Images
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The surging cost of living and worries about the future are curbing the zeal of people to quit their jobs and join the Great Resignation, according to Randstad NV, a global provider of employment services.
“There’s still movement, absolutely, but it’s slowing down,” Chief Executive Officer Sander van ’t Noordende said in a phone interview on Tuesday. Consumer confidence and inflation make “people think twice before they jump on a six-week vacation before they have a new job,” he said.