Labor Market 2026: Mostly How It Was in Early 1950s (and it may stay that way)
Only the oldest of us Boomers will remember. Historians could also put it together. That was how earning a living used to be. That was back in the early 1950s. It was the time before the post-war economic boom really kicked in and college introduced the working man's children to being all you could be. Usually you didn't have the opportunity to graduate from high school. You know someone. That someone got you in. The in could be the next 40 years on the railroad, unloading freight on the docks, moving paper at city hall or policing the mean streets. You obeyed the boss. Actually you knew to suck up. Eventually there was medical insurance. And that was that. Of course, there were exceptions. Members of the lucky sperm club got to be professionals. Medical doctors, lawyers, accountants. Today the labor market replicates much of that. You bet, you better know someone. Those lamenting the grim realities of a current job search on Reddit have no idea that what they're encounter...