Is the Great Resignation a Good Thing?

Now that we have a little more perspective, I think it’s fair to ask what this highly unusual labor market has really meant for business owners. Yes, of course, it has meant paying higher wages and working harder to find and keep talent. But here’s the flip side: If wide swaths of the labor force are finding jobs they like better and that pay better, that strengthens the economy, doesn’t it? And that’s good for businesses, right? Or is the price too high?

I put this question—is the Great Resignation a good thing or a bad thing?—to Shawn Busse, Karen Clark Cole, and Jay Goltz in our most recent 21 Hats Podcast taping. You can hear their answers when the episode is published on Tuesday. But what do you think?