Many young Americans are quitting their jobs after being inspired by a protest movement that started in China
The new “lie flat” social protest movement seems to be catching on. It started among overworked Chinese factory workers burnt out from gruelling 12-hour, six-day work weeks, and the unrelenting pressure from the government and society to climb the economic ladder. So some Chinese millennials formed an underground movement to opt out of work and the pressures of society.
It’s hard to know exactly how many Americans are lying flat. The labour market is behaving strangely. Quit rates are at their highest level in more than 20 years. Normally that would be welcome news because Americans have been changing jobs less frequently over the years, which was contributing to wage stagnation. Wages often increase when people change jobs. But the high quit rates could signal a less dynamic economy this time. Unemployment is high and many jobs are unfilled.
Some labour economists speculate that many out-of-work Americans are taking their time to find new, better careers
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