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Yeah, this is consistent with what I have seen.

At the end of the day, unemployment numbers for holders of PhDs [1] are starkly different from those of the general population.

[1] https://www.nsf.gov/statistics/infbrief/nsf14310/

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I would interpret these values with care. My experience leads me to suspect that these numbers might be a textbook example of correlation does not imply causality. Just because you are employed it doesn't mean you are not underemployed or working in an entirely different field due to circumstances that have barely or no relation at all with your academic work. I mean, it's already a widespread stereotype of old graduate/PhDs in unrelated STEM fields pivoting to data analysis/ machine learning positions even when they did no work in the area.

And then there's the "just learn to code" cliche.

And I mean a PhD working at a McDonalds still counts as employed, right?

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