Is literary fiction relevant?

I really don’t believe that literary fiction is relevant to our current culture. Maybe in the 1950’s where the literary world was a lot larger than it is now was relevant to current culture, but I don’t believe it is now. What we read today in school doesn’t necessarily prepare us for the job markets most of us will enter, but they can teach you  morals. Such as in the Great Gatsby just because the Toms and Jays of the world succeeded with money it doesn’t mean that they can do whatever they want, and we can realize that by reading the book. We don’t necessarily read books about economics or medical books in English classes, so I really don’t believe it prepares us for life. I think that modern day English classes teach us how to read and what to read for, but it is mostly boring so the only purpose would be to read for a grade.