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Scott Nelson is a labor and employment partner at Hunter Andrews Kurth in Houston. We're going to talk about what it means to employees and employers that the Great Resignation continues apace, with a record 4.5 million Americans (about 3% of the workforce) quitting their jobs in November.
I continue to believe that outside of the health effects of COVID and even given the significant current level of inflation, The Great Resignation will be the most important long-run impact (again, outside of health issues) of the virus. In the short run, it's very painful (and probably contributes to the inflation issues) but in the long run I expect it will be a positive thing for our society and our economy.