×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Saturday
06
Dec 2025
weather symbol
Athens 18°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> Economy

Bloomberg: From the “Great Resignation” to “Lying Flat”, workers are opting out

In China, the US, Japan & Germany younger generations are rethinking the pursuit of wealth

Newsroom December 20 09:46

Around the world, millions of people are rethinking how they work and live—and how to better balance the two.

The Great Resignation has U.S. workers quitting their jobs in record numbers—more than 24 million did so from April to September this year—and many are staying out of the labor force. Germany, Japan, and other wealthy nations are seeing shades of the same trend.

The pandemic has taken a toll, with surveys showing an increase in feelings of burnout and a deterioration in mental health in many nations.

But the pressure has been building in developed countries for decades. Incomes have stagnated, job security has become precarious, and the costs of housing and education have soared, leaving fewer young people able to build a financially stable life.

Although the Great Resignation is a phenomenon among those who are younger than 40, it’s also reverberating across the economy and forcing a broader conversation about work. Millennials (born between 1980 and the late 1990s) and Generation Z (the demographic cohort after them) tend to marry, buy houses, and have children later than their forebears—if at all.

China’s “lie flat” movement, jump-started by a social media post from which it got its name, is also about opting out. It’s a reaction against a system in which a grueling “996” work schedule—9 a.m. to 9 p.m., six days a week—is common in industries like technology. So is unrelenting pressure from family, society, and even the government to keep climbing the ladder.

See Also:

Greeks prepare for second Christmas in pandemic (video)

The country’s economy has doubled in size over the past decade, but not everybody is reaping the benefits: In many big cities the rising cost of living is outstripping wage growth.

>Related articles

Papastavrou: The ministerial meeting of the Greece, Cyprus, Israel and the USA group in Washington in April

European Commission handbook depicts the East Aegean islands and the Dodecanese as Turkish

Anger in Cyprus over the UN Secretary General’s envoy: She described the occupied territories as the “Turkish” side of Cyprus

As a result, some see the lie flat phenomenon as a warning of impending Japan-style stagnation—one that’s arrived unexpectedly early in the economy’s development. Others argue it’s more of the 1960s-style counterculture movements that cropped up in the U.S. and parts of western Europe, with ordinary people seeking a lower-pressure society that’s more focused on personal development.

“It’s basically a coincidence that these two discourses emerged at the same time,” says Xiang Biao, director of the Max Planck Institute for Social Anthropology in Germany. “But we can make a connection. It’s about how the economy has become overheated and unsustainable, both in an environmental sense and in a mental sense”.

Read more: Bloomberg

Ask me anything

Explore related questions

#bloomberg#business#economy#employees#politics#society#workers#world
> More Economy

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

The secret lives of Putin’s hidden children: Growing up in wealth and isolation

December 6, 2025

Mitsotakis from Markopoulo: The government is open to dialogue with farmers — they should come with representation and clear demands

December 6, 2025

Analysis by The New York Times: Trump turns his back on Europe, treats it as an enemy, and downgrades it to a hub of decline

December 6, 2025

The murders that changed the map of the Greek Mafia: The bloody path that started from the chief godfather Stefanakos and reached up to Zambounis who was gassed with 97 bullets

December 6, 2025

Greece on the European economic map: signals of reward, early debt repayment and Pierrakakis’ nomination for the Eurogroup

December 6, 2025

Farmers across Greece are toughening their stance as they reinforce their roadblocks

December 6, 2025

History has treated her unfairly”: The 400-year mystery surrounding Shakespeare’s wife and son

December 6, 2025

Clash between two professors over a female student: Vulgar flyers, phone calls for “dates,” and slashed tires

December 6, 2025
All News

> Politics

Mitsotakis from Markopoulo: The government is open to dialogue with farmers — they should come with representation and clear demands

Prime Minister Kyriakos Mitsotakis sent a message to farmers that the government is open to dialogue, during his visit to Markopoulo where he spoke with citizens

December 6, 2025

Papastavrou: The ministerial meeting of the Greece, Cyprus, Israel and the USA group in Washington in April

December 5, 2025

European Commission handbook depicts the East Aegean islands and the Dodecanese as Turkish

December 5, 2025

Anger in Cyprus over the UN Secretary General’s envoy: She described the occupied territories as the “Turkish” side of Cyprus

December 5, 2025

Nicos Christodoulides reshuffles the government in Cyprus

December 5, 2025
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2025 Πρώτο Θέμα