For the Gen Zers fortunate enough to start in today’s white-collar job market, don’t anticipate any raises. Since the pandemic, demand for in-person services has pushed up wages in hospitality and health care, outpacing inflation. Meanwhile, white-collar tech jobs are in a freeze, with AI being one of the culprits.
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.
But there’s now a new nail in coffin: Their non-degree friends working as bartenders and baristas are seeing bigger pay raises than they are. Wage growth in leisure and hospitality is outpacing white-collar jobs, flipping the sc