Well, it would be preceded by some extra fun and entertaining hyperinflation. So there is a silver lining. :)
For 24 bucks an hour, I will hire nobody with less than 10 years of relevant experience. But if somebody in 10 years hasn’t progressed beyond what was previously a starter job for teenagers, would probably be a questionable hire, though to be fair,some people are happy that way but not many. Automation will be king