How did jobs get so precious?

US was a dream job market scene. Employees were happily jumping jobs so much so that the companies made secret illegal pacts not to hire each other's workers. Then the US Iraq war brought in a financial crisis that made jobs precious. Companies fired workers and made everyone who retained their jobs  work like slaves always under threat of losing their jobs.  Work environments became toxic and most sane people could not keep their jobs. However immigration became easier and the mass exodus of Indian youth began. The young Indians  entered the sweatshops thinking they will live their dreams. Meanwhile job security in India disappeared.  The easy life of growing old in  a job where it was illegal to be fired once hired was gone for good.  No wonder there is a pandemic of depression among the young. To become someone who is valued for  a skill is a basic need of human beings.