Tag #Elite Overproduction

How is the decreasing premium of graduate salaries over minimum wage impacting the perceived stability and social standing of middle-class white-collar jobs?

The traditional promise of a stable, middle-class white-collar job, offering financial comfort and social status, is eroding. Recent graduates now earn only 1.6 times the minimum wage, down from 2.5 times two decades ago, blurring the lines between white-collar and blue-collar lifestyles. This decline is impacting Gen Z and millennials disproportionately.