Uncertainty is in the air. Whether it's the rising costs of daily life, global unrest, or risks associated with tariffs or climate change, there's a collective sense that something has shifted.
New research from The Wall Street Journal underscores this feeling of discontent, finding that, for many people, the once-clear path to a better life seems obscured. Polling reveals that the percentage of people who believe they have a “good chance of improving their standard of living” has fallen to just 25%, a record low.” Moreover, more than three-quarters of those surveyed don’t think things will improve for the next generation.
This widespread pessimism spans demographic lines, from gender and age to education and political affiliation. The article points to several reasons, including high housing prices and labor-market concerns fueled by AI. More than half of respondents have “little or no confidence” in their ability to save for retirement. And the majority believe that earlier generations “had an easier time buying a home, starting a business or being a full-time parent rather than in the workforce.”
This pessimism isn't limited to individuals. CNN notes that companies are also feeling the pressure, with America in a "serious jobs slump." For the first time in more than four years, there are fewer open jobs than there are job seekers.” This shift has led to a "stale" job market, as workers hold onto their current positions much longer.
Adding to the concern, generative AI is causing anxiety for many people. According to CBS, AI is replacing countless entry-level professionals in software engineering and customer service. Similar trends have been tracked in accounting and auditing, administrative work, computer programming, and sales.
A welcome opportunity
Without dismissing people's valid concerns about the economy and the job market, there is hope. Supply chain professionals like yourself know that pursuing a career in our field is a uniquely valuable opportunity. Jobs are plentiful, with 53% of companies recruiting new roles this year. And ASCM’s 2025 Supply Chain Salary and Career Report finds that 66% of professionals are confident in their career prospects. Plus, the median salary is an impressive $103,000, and 80% report high job satisfaction. For those holding an APICS certification, the outlook is even better, with a 20% median salary increase. As Forbes confirms, specialized credentials pay off, and APICS credentials are "top tier."
If someone you know is feeling stuck in a stale job market, encourage them to explore what a career in supply chain has to offer. With proven job stability, excellent pay and rewarding work, it’s a field where we can all feel confident about the future. There are simple ways to get started: First, ASCM membership is just $10 a month — and free for students. Then, sign up to receive this weekly email, as well as Supply Chain Signals. Both e-newsletters are designed to help readers stay competitive and current in any marketplace.
Get started with ASCM today and see the future in a whole new light.
