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The Job Market Has Changed… Again.
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Over just the last 6 months the job market has changed dramatically… again…
Back in the good old days of 2024 all workers had to worry about was ghost jobs, quiet firing, job washing, career cushioning, invisible overtime, application black holes, resenteeism, digital downsizing, compensation compression, Burnout Attrition and when all else fails, good old fashioned rolling layoffs… but today the job market is dealing with a whole new set of trends… (and don’t worry, they come with a whole fresh list of dumb corporate buzzwords)
New economic data (if we are allowed to believe that anymore) is revealing some stark realities about the ways that people are finding a job, keeping a job and progressing in a job.
Unfortunately (as you have probably already guessed) a lot of these changes are throwing young workers (and in particular young men) out of the frying pan and into the fire.
For the first time ever, unemployment amongst young male college graduates is the same as non-graduates, the share of unemployed people entering the job market for the first time is the highest it has been since 1988 and job mobility has effectively frozen.
Now I know what you might be thinking, all things considered, the unemployment rate still looks pretty good right?
Well that might actually be part of the problem.
And if all of this wasn’t bad enough already… there is now a good chance that art history majors are earning more than you are!
