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Jul 3, 2022·edited Jul 3, 2022Liked by Paul Millerd

I took a look at employment stats for Italy and I came to the conclusion that there's no evidence of these Great Resignations happening. If anything the ratio between people quitting and people getting hired is coming back to pre-pandemic values.

So not only there's no evidence of mass quitting, but things are just getting back to normal after everything being stuck for over two years (also: in Italy the government basically forbid companies to layoff people during the pandemic — different subject but basically what data tells us is that people just stayed where they were, statistically speaking).

In Italy the job market is quite rigid, with people changing jobs just a couple of times during the span of their careers — when I say that I changed jobs 5 times between 2013 and 2017 they look me like I'm coming from a different universe.

So something as a the Great Resignations just doesn't make sense both under the scrutiny of statistical evidence and the cultural context.

But there's A LOT of talk about it, I got tired already of mentioning the statistical evidence, it is clear to me there's an interest in getting clicks, and, potentially, clients, by constantly mentioning the trending topic, even if it's a non-existing phenomenon.

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