After my EE degree, every time an article came out about the 'shortage' of electrical engineers, we would all look at each other and snort and ask "has anyone landed a job doing real EE?", and the answer was always a very small number of grads.

At least where I'm from, there is no shortage, it's all bullshit. Universities keep pumping out more EE grads than are needed. I guess it keeps supplies high.