Rogé Karma
👤 SpeakerAppearances Over Time
Podcast Appearances
And so I think, yeah, it really, again, turns this picture on its head in the way that I think you put so nicely.
What did they say was the cause of this big freeze?
So-
There are a few different causes, and I will say this reporting was based on not only talking to economists who, economists have their theories, but I was like, I want to talk to employers.
I want to talk to hiring managers.
I want to talk to people in companies who are actually experiencing this and ask them, what is going on?
Why aren't you hiring?
If you are an advisor for different companies, why aren't they hiring?
What's going on with your clients?
And I heard the same two stories over and over again.
The first one was that employers were really scarred by this period we now call the Great Resignation.
So let me rewind the clock back to a period that may seem far away at this point, which was this period around 2021, early 2022, when you had all of these stories of employees quitting their jobs and record rates, finding new jobs at higher pay.
This was the period where...
Again, it was known as the zenith of worker power, of worker movement.
As you noted at the time, it wasn't workers just quitting their jobs altogether.
It was workers quitting jobs to find better jobs.
Terribly named.
Exactly.
This was a great moment for workers and their power.
It was a terrible moment for employers.