in my field its multi-facited
older people took early retirement if available during corona. I know a guy that had a nice house in the city, sold it for 750k bought 2 acres in the country for 100k cleared it and put a trailer on it for another 100k retired at 58 years old with 550k to hold him over to retirement / ss at 65.
a lot of middle aged women started working from home, found more fulfilment in being stay at home moms than 16 dollar an hour office personnel, never went back to the office. Also plenty of them just wanted to be bonbon eating couch potatoes too.
A lot of middle aged men found another line of work, one guy I know spent 20k to set up a bit coin mining shed, recently it was costing him more to power and cool the shed than it was making for him so now he is back in field work. One guy took over his father's business he previously had no interest in. Unemployment benefits and "stimulus" payouts turned lots of tradesman to working for cash like a mexican.
young women became whores, only fans, twitch, sugar baby, etc. Modern society claiming sex work isn't shameful coupled with their inability to produce work / labor / income turned a lot of mediocre looking women into internet strippers and porn peddlers. Where I live a lot of young people have their instagram or snapchat names as window decals, I have started seeing OnlyFans window decals with their username, public unabashed whoring.
young men do not want entry level position pay. There are more 25 year old millionaires than there has even been, even adjusting for inflation. Through YouTube monetization's millionaires, tech start ups, app creators, e-thot's, etc. there are more ways for young people to get wealthy fast and early. Couple that with the government paying them about 35k a year salary to stay home and do nothing for nearly 2 years they have been incentivized to vote for income. I had a 20yr old with no real work experience tell me after an interview "I'de like to at least be making what I was making during covid" so I asked him what he had done for work to see if maybe he was worth more, he said "no I mean like what I was making with unployment" He had a job in a restaurant for 2 months, got 2 years worth of unemployment and now had grown accustomed to that level of income.
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