The confluence of lots of degree-holders looking for work and the decline in companies investing in internal training programs has (IMO) rendered the 'firm hand

The confluence of lots of degree-holders looking for work and the decline in companies investing in internal training programs has (IMO) rendered the 'firm handshake and a job for 40 years working your way up the ladder' boomer story just about a fantasy on par with a Disney film at this point. Cynical view / hyperbolic not researched opinion ahead -> Many companies see The Perfect Employee as someone who is overqualified and will burn both ends of the candle, drink the company kool-aid wholesale, do all of their training on their own time and never ask for raises or move to another company on their own, all while doing so for peanuts. Each particular company adjusts that spectrum back towards reality just enough to hire people to meet their own staffing needs. That's why the particularly grueling companies like restaurants or entertainment venues have such trouble hiring people when the economy is doing well.