A white-collar recession is a downturn affecting salaried, professional jobs, marked by significant layoffs, hiring freezes, slower wage growth, and reduced opportunities in sectors like tech, finance, and consulting, driven by economic shifts, increased productivity from AI, and corporate cost-cutting, making it harder for experienced workers to find new roles. It contrasts with traditional recessions by hitting higher-skilled workers, even those with advanced degrees, who once felt secure, with job insecurity rising as companies seek efficiency and higher stock value.
 
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