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That's overreading the situation.

Employees are exhausted and their employers were only one part of the equation.

COVID and other personal issues are the others.

Thanks to healthy savings accounts, many people could afford to quit their jobs. Quitting wasn't 100% the employer's fault.

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Money isn't the only measure of value either, though. If they thought they were ending up better off on the whole, they would come back.

They've clearly concluded they're better off now than before, across whatever factors matter to them, so again, the reality wasn't living up to the theory.

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