The Worst Job Market Ever Is Here - No Raises, No Promotions, No Future (Video)
In this 4 June 2026 published video, host Michael Bordenaro talks about how the current U.S. job market is defined by a dichotomy: unemployment remains at a relatively stable 4.3 percent, yet hiring processes are slow and upward mobility has hit a wall. Nearly 1 in 4 mid-career professionals have gone at least five years without a raise or promotion, creating a widespread feeling of career stagnation.
While mass layoffs are mostly contained, several key indicators explain the current frustrations of the workforce. A major Burning Glass Institute and NYU Study found that 25 percent of mid-career white-collar workers go five or more years without a promotion or notable pay increase, resulting in severe cumulative lost wages. Even though job openings have bounced back to nearly 7.6 million, actual hiring remains subdued. Employers are posting jobs but taking longer to fill them, leading to long-term unemployment surging to more than 1.8 million Americans. Posted wage growth is hovering around 2.3 percent year-over-year, trailing recent inflation, which leaves many workers feeling underpaid against the rising cost of living.AI Reshaping Roles: Artificial Intelligence has flattened corporate hierarchies, causing companies to cut layers of middle management and automate administrative tasks, putting junior and entry-level positions at high risk of replacement.
https://youtu.be/EczevA6Cv5s
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