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@ 2021/11/26Prefer to make money on social media
Europeans are considering quitting their jobs and want to earn cash doing TikTok full-time.
About one in 10 are considering leaving their main job in the next six months and instead earning money from social media, e-commerce or trading platforms, according to a Morgan Stanley poll of 12,500 people.
"The received wisdom is that as COVID subsides, and with modest extra flexibility from employers, the majority of people will re-embrace their prior routines", a team of Morgan Stanley economists and equity analysts wrote in a note.
"Our data suggest otherwise." With labour shortages already weighing on Europe's economic rebound, wage inflation will persist for longer if the Great Resignation -- the post-pandemic trend of people leaving the workforce -- carries on, the bank said. "It reveals a far greater potential risk of structurally higher wages", Morgan Stanley wrote.
Europeans are considering quitting their jobs and want to earn cash doing TikTok full-time.
About one in 10 are considering leaving their main job in the next six months and instead earning money from social media, e-commerce or trading platforms, according to a Morgan Stanley poll of 12,500 people.
"The received wisdom is that as COVID subsides, and with modest extra flexibility from employers, the majority of people will re-embrace their prior routines", a team of Morgan Stanley economists and equity analysts wrote in a note.
"Our data suggest otherwise." With labour shortages already weighing on Europe's economic rebound, wage inflation will persist for longer if the Great Resignation -- the post-pandemic trend of people leaving the workforce -- carries on, the bank said. "It reveals a far greater potential risk of structurally higher wages", Morgan Stanley wrote.
