As someone on the border of being Gen Z, I think there is some truth to what you are saying. Especially on the not paying part. Lots of dream jobs are hiring.
If I think of what jobs would be most meaningful to me, it is things that are not paying. I could be a computer science teacher and after a long career still make less than I did in my first software job out of college.
If I want to afford to own a house or have a family, it's clear which career choice I have to make.