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So dear students, last time we
discussed about employment and

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unemployment.

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We defined certain terms such as
full employment and we looked at

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how sometimes the term of full
employment can be tricky.

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We took the example of the United
States and I said that similar

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things or the similar phenomenon
can appear in many other countries.

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Now what I would like us to discuss
or to reflect on is the pandemic

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we went through in 2021 and 2022.

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So the consequences of the COVID-19
pandemic, we are all aware of the

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fact that depending on the country
you live in some different measures

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were taken by the different
governments.

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If you look at what they put into
place in the United States they

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used a lot of stimulus checks.

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In Britain they had the furlough 
schemes and in France they had

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different methods which meant that
people were more working from home

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and also they were on the benefits
and they were benefiting from help

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from the government.

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So this has had some kind of

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consequences on the way we perceive
jobs and careers.

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Two things appeared especially
in the United States.

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The first one is known as the Great
Resignation.

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So this phenomenon started in the
United States.

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I'm going to explain what the term
means.

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The Great Resignation means that
there was a new trend.

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People were willing to quit their jobs.

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Which means that working,
having a job was no longer a priority.

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So, many people found themselves
out of the labour market while

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others were just changing jobs.

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They were going from one job to
another job.

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So this has had some consequences
on the economy.

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That is the first phenomenon which
is known as the Great Resignation.

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Another phenomenon was quiet quitting.

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It looks like what they had in
China some years ago which was

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known as lying flat.

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I'm going to explain this term.

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The term of quiet quitting which
was probably inspired by what used

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to be in China some years ago.

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So quiet quitting means that you
are still doing your job but you

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are not doing more.

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You are doing the minimum and you
are not looking forward into staying

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in the same company and improving
your condition and getting promoted.

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This reaction has also some
consequences on the business you

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work with.

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There's also the notion of right
to disconnect.

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So all these phenomena that became
obvious after the Covid-19 crisis,

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pandemic had an impact on the economy.

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These are very interesting subjects
that we should explore as journalists

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or future journalists.

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When job is affected,
when the conception of job,

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employment, career is affected,

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what might happen is that it could
also have an impact on the economy

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as I said but particularly with
inflation.

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This is going to be our topic next
time.

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Thank you for your listening.