From WSJopinion: A new class, the Cyber Bohemians, avoid work while living off their affluent parents, writes andykessler. Does anyone want to work anymore?
Journal Editorial Report: The week's best and worst from Kim Strassel, Mary O'Grady and Dan Henninger. Image: Drew Angerer/Getty ImagesThe unemployment rate was 3.5% in July, the same as in February 2020, but the U.S. has three million fewer workers. Where did everyone go? This in an economy with 11.2 million job openings. It’s mostly men 25 to 54 who haven’t come back to work. Now a McKinsey study suggests that 40% of workers are thinking of quitting their jobs.
Everyone has an explanation for the Great Resignation: extended unemployment benefits, eviction moratoriums, baby boomers retiring, work-from-home complacency, anxiety, long Covid. Sure, all reasonable excuses. Here’s my theory: Too many got a taste of not working and liked it. A lot. Until recently, many people could make more money by not working and became glued to screens, Insta-Tok-ing and living the easy life by sponging off the rest of us.
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