For the first time in history, five generations are competing in the same workforce, leading to a 'demographic traffic jam' that hinders young professionals from advancing in their careers.
Young academics find themselves in a situation where they spend years in endless fellowships and postdoctoral programs, longing for scarce permanent positions that remain locked away.
The job market's current state is largely influenced by older workers who, despite being capable of retiring, often choose to remain in their positions, causing a backlog for younger generations.
The academic pyramid scheme laid bare is causing frustration among young professionals, who are forced to navigate an overwhelming system with limited access to promised benefits and job security.
#workforce-demographics #retirement-challenges #academic-job-market #generational-competition #career-advancement
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