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ARTICLE · 02 FEBRUARY 2023

8 Drivers Of Change – COVID-19

Over the last 12 months, many economies around the world emerged from Covid restrictions due to the success of vaccination programmes, improved treatments...

GlobalEmployment and HR

With the economic climate deteriorating, the cautious optimism built up over the past year as countries emerged from Covid restrictions is dissipating. Focus on the factors behind the "Great Resignation" is shifting to other emergent trends such as "Quiet Quitting", and the "Great Return".

Over the last 12 months, many economies around the world emerged from Covid restrictions due to the success of vaccination programmes, improved treatments and the dominant Omicron variant proving to be less severe than earlier variants. However, the economic outlook has soured, and many economies are in dire straits with periods of low growth or, in some cases, recessions beginning to take hold.

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