Atlanta Fed study finds no evidence of ‘great reassessment’
Increased job mobility during Covid explained by better pay, not higher worker autonomy, paper finds
Workers who changed jobs during the Covid-19 pandemic did so to get better pay, and not because of a preference for higher-quality jobs, a new paper from the Federal Reserve Bank of Atlanta argues.
Julie Hotchkiss and Melinda Pitts compare two possible explanations for the reshuffling in the US jobs market that took place during 2021–22: that workers were valuing autonomy and safety more than they had done previously; and that a tight labour market enabled people to move into roles they had long
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