Money Talks: The not-so-great resignation
Money Talks from The Economist
The Economist
4.4 • 1.2K Ratings
🗓️ 8 December 2021
⏱️ 30 minutes
🧾️ Download transcript
Summary
The idea that the pandemic has prompted people to quit their jobs en masse fills corporate earnings calls, headlines and social media. But do the data hold up? Host Patrick Lane investigates what is really going on in the labour market. Will the Biden administration usher in a new age for America’s formidable unions? And we visit a would-be paradise for digital nomads.
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Transcript
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| 0:00.0 | With so much uncertainty in the world, businesses need a solid plan that they can implement |
| 0:04.8 | quickly. |
| 0:05.8 | A plan that's ambitious enough to drive the scale of transformation with practical solutions |
| 0:10.4 | to provide real-world results. |
| 0:12.5 | With over 9,000 professionals in 120 countries, the EY Parthenon teams help businesses realise |
| 0:18.5 | their strategy with speed and certainty. |
| 0:21.2 | To learn more about EY Parthenon's individual approach to strategy and tech-enabled transformation, |
| 0:26.8 | research EY Parthenon and real-world strategy now. |
| 0:36.2 | Just how great is the great resignation? |
| 0:40.5 | We look behind the headlines to find out what's really going on in the labour market. |
| 0:49.8 | You're listening to Money Talks from the Economist, our weekly podcast on the markets, the |
| 0:54.4 | economy and the world of business. |
| 0:56.8 | I'm Patrick Laying, and in today's episode, we'll examine a shift in the power of American |
| 1:02.1 | workers. |
| 1:03.1 | Is big labour back for good? |
| 1:06.3 | People right now are tremendously sympathetic to unions and the question is can the unions |
| 1:11.7 | work with that and modulate their demands in a way that continues to have public support? |
| 1:18.1 | And we look to Europe to assess a national experiment in building a paradise for digital |
| 1:23.2 | nomads. |
| 1:25.1 | They are building a fleet of national co-working spaces. |
| 1:28.7 | They're offering $5,000 bonuses, but alongside the incentives, they have to set rules too. |
| 1:49.8 | All scientists have a remarkable affection for one hyperbolic adjective. |
... |
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