This reminds me of how slave societies like rome or the US tended to work the slaves to an early death, so new supplies of slaves needed to be topped up through conquest and slave trade.

People cannot survive on the wages these jobs pay, so they exercise the option previously unavailable to slaves, of quitting.

Hopefully this doesn’t result in mere “get an iPhone when you get [re-]hired”, but rather higher wages. This exact ‘running out of people to employ’ is what leads to higher wages in capitalism.