Gen Z graduates are facing an increasingly tough reality after tossing their caps into the air: Not only are their skills being outpaced by ChatGPT, but they aren’t getting raises consistent enough to splurge on anything more than an oat-milk latte.
However, those working in professional and business services, the finance industry, and education have not seen wage gains that keep up with inflation. Teachers, for example, are pacing at nearly 5% below inflation.
Across the white-collar job market, workers—especially fresh-faced graduates like Gen Z—are being hit with another tough reality: Workers in white-collar financial activities or professional and business services are encountering a slower pace of hiring.
