Oh hell, software dev is so, so very overloaded with underskilled programmers with fragile egos. They come out of college knowing a little python and javascript and can't do jack shit for at least a year, and just come to a screeching halt with every tough issue they encounter. I'm a project manager box in an org-chart to help un-flatten the management hierarchy (I manage 20+), I am constantly having to re-assign tickets because they linger too long due to inexperience. Our review system is a joke and i have zero authority to fire, I'm supposed to "onramp" them, especially kids who just will never understand how to do this job (I give classes one week a month and they blow them off). I'm not in charge of hiring, if I was, half these kids (and I say "kids" because the 20 somethings are really immature compared to the mid-30 devs, but the latter ain't much more actualized) would have NEVER made it past the phone screen.
TL; DR - New college CS grads are mostly children who know very little and expect huge paychecks immediately because they watched Mr. Robot and maybe opened a browser on an RPi. Once.