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Many teachers are contemplating quitting their jobs, reflecting a wider trend known as the "great resignation" in education. The video discusses three waves of this phenomenon: the initial wave during COVID-19, the surge at the start of the 2021-2022 school year, and a predicted third wave coinciding with contract renewals for the 2022-2023 school year. The speaker, a former classroom teacher since 1998, shares personal experiences of burnout and dissatisfaction, indicating that many colleagues are also considering leaving the profession. The overall sentiment among educators appears to be one of frustration and an impending exodus from teaching.