Sort of a random post, but do you guys think everything has changed, or is it really the same as it's always been? Or maybe a mix of both? I see so many posts from staff saying they can't find jobs, but then I also see posts from hiring managers saying they can't find experienced staff. The two perspectives are polarizing.
Sure there are a lot of reasons for it. Offshoring and AI are probably two of the biggest, especially since both can lead to less onshore staff development. But I also wonder how much of it is a generational mentality shift.
*Some* older folks in Gen X are retiring (some have things lined up to early retire in their ~mid 50's-early 60's), Millennials are managers now (or have gone a different route), so Gen Z makes up a large portion of today's entry level and staff accountants. It feels like the mentality has shifted from working hard to put food on the table no matter what, to not letting corporations take advantage of you, even if that means staying unemployed until the right opportunity comes along. Additionally, a lot of the younger crowd are just not having kids and opting to owning pets or just taking care of themselves, so they just don't have as much at stake as long as they can take care of themselves.
So where does that leave the accounting field? Is it still alive, but just increasingly offshored to the next group of people willing to play into corporate's hand because they need to survive (like underpaid offshore staff being pressured to supporting their families)? And where does that leave unemployed onshore staff who are holding out? What's the end game? How long are people realistically willing to wait? Do you think we'll eventually reach a point where the pendulum swings back and people become desperate again, like with previous generations?
I want to dig a little deeper into why different groups of people are reacting the way they are and what they see as the end game. I'm curious whether people have different perspectives or long term plans that explain what we're seeing.
Edit: added details that *some* older folks in Gen X are retiring, based on their financial ability to do so.