And this is on a backdrop of a long term 'hollowing out of the middle' as technology automates rote work (AI being the latest incarnation), leaving only high skilled jobs (including in tech) on one end, and manual jobs (driving, picking, construction) that we've been unable to automate on the other. Thus both ends (high and low skill) are seeing 'refugees' from this economic process, with overskilled people doing menial work, and underskilled people trying to tackle high end work.