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Depends on the humanities degree, doesn’t it? Like history majors are doing fine on the job market, and that’s a humanity.
Intellectually rigorous humanities study teaches skills which are valuable in the workplace (rapid assimilation of unstructured information, critical evaluation of qualitative arguments, persuasive writing). I learned to write in history class, not by writing lab reports as part of my physics degree, and definitely not from preparing for the compulsory essay questions in the capstone physics paper.
The problem is that humanities courses are the easiest to grade-inflate without it being obvious what you have done, so most students with high GPAs in humanities majors never actually engaged in intellectually rigorous humanities study. Employers will only hire humanities graduates if they are sufficiently clued in to know which are the intellectually rigorous schools and programmes. Harvard philosophy majors are as hireable for a MBB or Wall Street analyst role as the STEMlords.
Again this may be true for very high end employers but for most all they look for is a degree and they don't care how rigorous that degree was. I did recruitment for both private and government organizations, and while the civil service did care, no-one else did, including blue chip communications companies and local government. And the reason for that is they are not getting to pick from Oxford or Cambridge or Harvard grads or wherever in the first place. Your middle of the road office manager type can easily get a job with a non-intellectually rigorous humanities degree. Sure they might not get into Wall Street or quant jobs, but they were never going to. Your point only applies for the very top slice of jobs, for all the others, just need to have a degree to tick a box on the form, you will be fine with a degree in basket weaving or creative writing or musicology.
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