Pandemic Empowers Workers In "YOLO" Economy

The video discusses the impact of the pandemic on job turnover, highlighting the 'YOLO economy' where workers seek fulfilling careers. It features stories of Jesse Fritz and Cassandra Rose, who left stable jobs for entrepreneurship and values-driven work. The video also addresses workplace trends, challenges for employers, and offers advice for individuals to take control of their careers.

What term is used to describe the trend of workers taking risks to find better job opportunities during the pandemic?

• The Great Resignation

• The YOLO Economy

• The Gig Economy

• The Remote Work Revolution

What motivated Jesse Fritz to leave her job and start her own business?

• A desire for higher income

• The stress from her previous job

• A lack of job security

• The opportunity to work abroad

What was Cassandra Rose's main reason for leaving her six-figure job?

• To start a family

• To pursue a career in technology

• To find work that aligned with her values

• To travel the world

According to experts, what are companies failing to emphasize that could help retain employees?

• Remote work options

• Salary increases

• Career management and development

• Flexible working hours

What percentage of voluntary work departures were due to preventable reasons like management issues?

• 50%

• 63%

• 80%

• 75%