this post was submitted on 15 Dec 2023
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A Boring Dystopia

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Some are still working to pay off student loans decades later or have to provide for their grandchildren, says Loretta Barr, an associate principal and career coach at Korn Ferry. Or, they’re making up for unforeseen circumstances. “When the pandemic hit, a lot of people lost their jobs suddenly, and they had to use up their retirement savings just to survive,” she says.

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[–] PhlubbaDubba@lemm.ee 43 points 9 months ago (1 children)

"FUCK'S SAKE THEY CAN'T EVEN LET US HAVE THE OPEN JOBS ANYMORE!"

-Millenials and Zoomers

[–] PlasterAnalyst@kbin.social 20 points 9 months ago (1 children)

For a long time there weren't any new jobs or wage growth because boomers weren't retiring due to the 07' financial crises. It took at least 5 years or more for things to really settle from that. Then the Fed never raised interest rates when they should have. Then they couldn't lower them during the pandemic and had to print a bunch of money to dig the economy out of a hole and now we're here.

[–] SpaceNoodle@lemmy.world 2 points 9 months ago (1 children)