Employers being high time preference. My little corner of the labor market is just a couple old farts managing and doing everything because they were raised to not demand respect for themselves and a bunch of kids who know nothing with high turnover.

Any sort of personal growth or promotion pipeline is dead. Any professional growth in the middle is met with "I can't afford to pay you for that so leave or get overworked and under paid." The only way to get promoted is for someone to die. There is no path to a meaningful raise.