I’d like to validate your hunch as an individual barely over 40. US born and raised and started hourly jobs at 16 (grocery store, retail, movie theater) and post university landed in corporate America.
First-hand I’ve watched the changes and stagnant wages. The lack of loyalty or even fiscal responsibility (Enron as big one but smaller happen a lot going bust) or stability via buyouts or whatever - it’s become a mercenary market in 2022 and without cover anymore.
There was enough bad behavior by Boomers to perk my ears up. Then I realized they have to work until death because they didn’t save and somehow expect social security they gutted for wars will be there. Sorry, I’m not paying for luxury sunset years - especially with this healthcare “system” and costs involved. This is the unfortunate future to confront. I’m ticked and ready.
Once a person frees their healthcare from a job, it’s a lot easier to move with stability on a big expense / risk. The younger generations want work life balance, meaningful work, and know employee wages have been suppressed for DECADES and are moving the needle and I’m with them.
Now good FTE remote jobs don’t even ask for references or waste my time with peeing in a cup anymore - which was standard practice 5-7 years ago. Times change and I can tell which way the wind is blowing. There’s a bit of unspoken reckoning going on that is trying to re-build a middle class at the current mark to market stats (eg average working couple income not over $100k but more than $200k or more).
Or, in short, this is Adam Smith’s invisible hand taking supply and demand and slapping career managers and executives in the US so hard teeth break.