Never before have so many young people quit their job at this time of year, according to a study conducted by HR service provider Acerta on Friday. The number of breaches of contract by workers under 25 years old leapt by 40%, compared to the same period last year.
Although the service provider refrained from comparing this “wave” of departures to the “Great Resignation” phenomenon currently happening in the United States, the figures are indeed breaking records in Belgium.
Since the beginning of the year, 40.8% more workers under the age of 25 have already left their jobs compared to the same period last year. Young people are mostly tendering their own resignations (43.5%), according to the survey of 5,000 Belgian companies.
At the time of their departure, young people have spent much longer in service with their employer than before. Workers who submitted their notice in recent months had been in service for 1.27 years on average, compared to 0.76 years in 2020.
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In Brussels, people under the age of 25 are in service significantly longer before the termination of their contract (1.4 years) compared to Flanders (1.27 years) and Wallonia (1.17 years).
However, youth unemployment is on the rise in the capital – up 13% compared to last year. There are approximately 8,073 young Brussels residents who are out of work and looking for a job, although these figures are swelled by Ukrainian refugees.