In the first quarter, white-collar job postings dipped by 12.7%, outpacing the 11.6% decrease for blue-collar positions. Roles such as information specialists and software developers experienced some of the largest declines. Despite stagnant wages for white-collar workers, blue-collar jobs are thriving, with higher demand and wage growth continuing. Although opportunities are dwindling for many office roles, there are signs of growth in specific positions like account managers. The rise of Generative AI is complicating the job landscape, particularly affecting new entrants in tech.
Jobs are scarce and wages are stagnant for white-collar workers compared to the boom of a few years ago.
The adoption of Generative AI also appears to be a factor. This is a bit nuanced,
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