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White-Collar Boom Turned Bust | Business and Finance News
Description
The white-collar hiring boom of 2021—driven by low interest rates and sky-high bonuses—is officially over. Companies are now tightening belts as job postings plummet, especially in tech, and workers face shrinking benefits, smaller bonuses, and inflated expectations—all while pay loses real value to inflation. Recent grads are hit hardest, often landing jobs that don’t even need their degrees. The sugar rush is gone, and the crash is here.
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