Interestingly enough, I only got my PhD because the job market sucked after Bushes recession and I was promised 5 years of funding. I did get some great data analytic skills out of it, but academic positions are indeed far and few between.

One of the main factors after my graduation a few years ago was that professors just refused to retire, leaving very new faculty positions; that changed slightly right after my kid was born but by that point I was and am ok with an adjunct part time and homemaker full time situation.

Now it’ll mostly be a lack of funding, though, unless I leave the US. Meh.