Summary
Younger generations are embracing “micro-retirements,” short sabbaticals or lifestyle shifts, to combat burnout and improve work-life balance.
This trend is fueled by pandemic-related stress, declining workplace flexibility, and increased burnout reports.
Millennials and Gen Z, facing financial and mental health pressures, are prioritizing their well-being, even at the expense of promotions, as they reject the traditional career model of working until age 65.
Meanwhile, older generations like boomers and Gen X struggle to retire due to financial insecurity and rising costs, with many “unretiring” to stretch limited savings.
I wonder how many of these “micro-retirees” are people looking for jobs, or people who are burnt out and no longer looking after having been looking for months. My main freelance gig dried up over a month ago, and I haven’t been able to find anything substantial, that pays my bills, since then. I’ve been looking at all sorts of different things, but the reality is, I can leave the industry I’ve worked in for 15 years and take a big pay cut to take a job with skills I gained from hobbies. Or, I can somehow come up with ~$5k to pay for additional training and certifications I would need to get a better job that would pay my bills. That’s an oversimplification of my situation, but I really wonder how many people are caught in situations similar to mine in which, there aren’t really many options that work for me, or that I can reasonably obtain without outright lying on my resume.
Especially given that US unemployment metrics drop people that can’t find work off the unemployment percentage after 6 months, so it never shows a true picture.