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Sixty-three percent of employees say that their financial stress has increased since the start of the pandemic, rising to 72% for millennials who represent 35% of the American workforce. With pay satisfaction across all generations at only 60%, the Great Resignation is real. The pandemic coupled with the remote work shift has changed the way many Americans view their work/life balance, their priorities and their new job requirements. The turnover rate for the millennial generation alone costs US businesses $30.5 billion per year, and that's only 35% percent of the workforce.
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