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'Quiet quitting' could be hitting the economy - here's why

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Core Development: 'Quiet quitting' could be hitting the economy - here's why
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Market & Financial Impact: Britons have become less engaged with the jobs they do and are less willing to put in extra effort, a report has found.
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The so-called "quiet quitting" trend where workers do the basic requirements of a job but refuse to do anything more might be hitting the economy, analysis has found.

Over the last decade, Britons have become less engaged with the jobs they do and are less willing to put in extra effort, according to a Resolution Foundation report.

The thinktank said this could partly help explain the slump in productivity since the pandemic.

"This is self-evidently bad for workers, but it also doesn't bode well for productivity and labour supply, both of which are vital for lifting living standards in the years ahead," said Hannah Slaughter, principal economist at the Resolution Foundation.

Quiet quitting was popularised on social media shortly after the pandemic.

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Official Publisher Attribution: This report is aggregated from Bloomberg. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.
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