Interesting point. I have been watching the employment rates in the USA for some time. Well paid jobs are being replaced by low paid service jobs. The US government is giving tax incentives to change this but it’s going to be quite a challenge:
Almost half of U.S. workers between ages 18 to 64 are employed in low-wage jobs, the Brookings Institution found.
Not the sign of a strong economy where highly paid jobs are replaced by McJobs:
Tech layoffs were big news in 2022, and that’s looking set to continue in 2023, too, with major companies like Amazon and Salesforce already slashing workforces.