The fact of the matter is that opportunities pre-covid were perceived to be scarce, however, post the pandemic and a few governmental interventions (such as the stimulus checks in many countries), employees were given the option of taking a “break” to seek new pastures. This time off coupled with the fact that the labor market was once again active led to several employees moving to new jobs or completely different industries.
These moves from a statistical perspective were increasing the overall resignation rate however, the reality was that employees were entering new domains, switching employers, and were moving upwards in their careers. Once again, this was possible simply because post the pandemic, certain industries were growing rapidly, and a wealth of options were available for highly skilled workers.