The last series of posts certainly sound familiar. When I was young houses seemed expensive by the standards of the time. I was quite sure I would never own one. After good economic times from about the mid 50s and through the 60s the western world entered a period of "stagflation", a decade of low growth and high inflation which ended in the recession of the early 80s. That all but killed the lumber industry in BC. Many mills closed and men who for decades had secure work, but little varied experience, lost their jobs. It's been a similar story since then as our economy now runs on a model of creative destruction.
Every boomer I know, including my wife and I "worked hard". We claim it was the key to our success. So do millenials and it will be the key to whatever success they achieve. I have 2 adult children in their 30s. They both started out one career path and it didn't quite meet their hopes, re-educated and started anew. One is in the media business & works on live events, everything from hockey games, corporate conferences and news events. It's gig work and they work for 3 or 4 different companies. It's also seasonal; very busy in the fall, late winter and spring but not so busy in summer and at holiday time. "They have to make hay when the sun shines" so they will often work several consecutive days, they are about to start a 16 day consecutive stint at a variety of venues. Often they will work 18+ hours on back to back shifts to get the hours! No 'official' employer, no benefits, no vacation pay and no EI.
I think millenials really do face challenges most boomers never had to worry about. I don't think I would gotten what I had today if I hadn't had a partner/wife who wanted to work and have a career. Ditto for the fact we have stayed together for close to 50 years now. It was similar for my parents. They both worked and my father went through extended periods of unemployment. He had to retire early as the job he had for 25+ years fizzled out as he entered his 60s. Creative destruction. The closed out a Union shop and replaced it with guess what.
Something else that I find irksome is how businesses hire. Someone leaves for a better job or maybe gets let go. Do they fill it asap with a suitable candidate? No! They are looking for a unicorn, a person who is a perfect fit in every respect. My wife's career was in HR and saw a lot of this. You hear much about the unemployment rate. What about the rate of vacant positions?
We have built a screwy world IMO. One built for billionaires, professionals in high demand and the tech savvy.