Only with hindsight will we know if this is momentary or systemic. Back after the dotcom crash, there were several years of struggle and hustle for new grads, and many people never really got any footing. The past roughly decade has been an anomaly in terms of compensation, number of jobs, etc.
How much hindsight is sufficient? 2 years, 5 years, 10, 20, 50...
Wages for the past 50 years have been trending down in terms of real purchasing power regardless of career/job. The number of jobs too if you average together a complete boom bust bailout cycle and normalize population growth.