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After Hours

Is the Great Resignation real?

After Hours

TED Audio Collective / Youngme Moon, Mihir Desai, & Felix Oberholzer-Gee

Hbr, Business/investing, Ideas, Mba, Economics, Professor, Business/management, News/business News, Management, News, Presents, Finance, Faculty, Harvard, Business

4.81.4K Ratings

🗓️ 16 February 2022

⏱️ 31 minutes

🧾️ Download transcript

Summary

Felix and Mihir debate the state of the labor market. Is the Great Resignation real? Are we confused about the data? We also discuss earnings releases that caught our eye: Time to flee fintech? UPS anyone?

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Transcript

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0:00.0

Hey, it's Adam Grant. The new season of my TED podcast Work Life is out now. The past

0:12.8

few years have been full of changes to how we work. There's so much more we can rethink

0:17.1

about our jobs. Join me as I dive into the science of making work not suck. This season

0:23.2

we'll explore how to fix your meetings, bust bureaucracy, and make the most out of your

0:27.5

breaks and vacations. Listen to Work Life with Adam Grant, wherever you listen to podcasts.

0:45.4

Hello, everyone. You're listening to After Hours. I'm Felix. And I'm me here. It's great to

0:50.3

be back. We're back. We're back. It's a feel like a long time. It does. Happy New Year.

0:55.3

I think my optimism, my happiness comes from this moment, which is deja vu on the one hand,

1:02.9

but I really do think the pandemic is over. It's deja vu all over again. It's almost been a

1:09.4

lost year. There's this huge amount of optimism and it feels like it's coming back. But you're

1:13.5

right. Felix, this time it's real. But we are missing our dear friend, young me. Yes. So she

1:19.2

is going to be taking a little bit of a break, but we are going to soldier on the two of us for

1:23.9

a little bit. Now we're going to invite some friends and it should be great fun. Yeah. I'm looking

1:28.1

forward to it. Does this mean Felix, we have to stop making fun of her? I don't think so. I

1:32.1

think she would appreciate our making fun of her, which is, you know, such a big part of the show.

1:37.1

All right. Great. So what do we got today, Felix? So I would like to talk about the

1:42.1

labor market. Yeah. Almost have a million jobs in January. Let's talk about it. And inflation

1:46.5

and all the other pieces of the pot. Yeah. What did you bring? I thought we could also talk a little

1:50.1

bit about earning season. It's been like a fun, crazy month of companies reporting. And these

1:55.2

amazing swings and valuations, right? It's been crazy. And it's connected to the first topic because

2:00.2

of the inflation concerns and everything else. So yeah, this should be fun.

2:09.0

All right, Felix, you want to talk about the labor market. Yeah. To me, it's very interesting

...

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