Randall "Randy" Blum is the president of Randall Blum Insight Consulting in Dallas, Texas, where he provides guidance and strategic support to Fortune 500 companies. Randall Blum is especially interested in how millennial employees think about work, and how best to help them be productive and satisfied in their roles.
The events of the mid-to-late 2010s and the early 2020s have been documented to cause a build-up of frustration in the millennial demographic. As part of a generation that has struggled through more than one major economic crisis (the crises of 2008 and 2020, for example), many millennials are not content with their career paths. This discontent has led to a major uptick in resignations and career changes that almost resembles a political movement; the popularity of online spaces such as r/antiwork shows that it has vocal supporters numbering in the millions.
This movement, coined the “Great Resignation” in 2021 by Anthony Klotz, a professor of management at Mays Business School at Texas A&M University, is a moment in history for millennials who now have the means to strike out on their own. Even the youngest millennial is 25 in 2021, with a greater possibility of accumulated and inherited wealth. With this greater personal agency, it is perhaps not surprising that many millennials would prefer to work for themselves than for a boss when the latter is proving to be a dead end. The most popular career changes have been transitions to "dream jobs" and the work of being a stay-at-home parent, implying that the thing that millenials want is fulfilment on a deeper level than simply taking home a regular salary.
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