When driving up debt makes sense
What 'Great Resignation?' A visiting fellow at the Federal Reserve of San Francisco and a professor of economics at ASU shares his thoughts on the economy in relation to what's also known as the 'Big Quit' and the 'Great Reshuffle,' an ongoing economic trend in which employees have voluntarily resigned from their jobs en masse, beginning in early 2021.
In this article published April 5, 2022 on Politico:
The quits waves in manufacturing in 1948, 1951, 1953, 1966, 1969, and 1973 are of the same order of magnitude as the current wave. All of these waves coincide with periods when payroll employment grew very fast, both in the manufacturing sector and the total nonfarm sector.
– Bart Hobijn, professor of economics
Latest news
- Revamped teaching method captures attention of students
How I-MAC 2.0 turns leadership theory into interactive, high-impact learning.
- Flexible ASU Evening MBA helped Layla Gabir build new confidence, connections, and career momentum
Layla Gabir (Evening MBA '26) works full-time as an epidemiologist for Maricopa County and…
- Computer information systems student Andrew Patel balances school with full-time work, earning stockbroker certification
Andrew Patel (BS Computer Information Systems '26) was looking for a program that combined…