Those pensions could also be tied to the market, or more often the profitability of the company that ran it. There are many, many cases of underfunded pensions by bankrupt companies causing issues. All being equal, I'll take the job hopping and my own retirement account.

I agree it's more expensive than ever to afford to raise a family, though. There's also a malaise in the air that I don't think broader society has felt since the late 1970s, too.