I had a similar experience with my graduating class in undergrad computer science at a no-name state university. Of the graduating class (significantly smaller than when we started), I don't know of a single person who couldn't find some kind of gainful tech related employment - including the few folks who somehow could not code! by the end of our program. My experience is circa 2014, so only shortly after the great recession.
Where are these people who just can't get any kind of work with real CS degrees? Even the many hardcore cheaters I know of found ways into the FAANG (some have been promoted several times now too!)
I know several guys with postgraduate STEM degrees and 10 years of development experience who can’t even get interviews.
It’s very bad here.
The easiest step, IMHO, is to start by ignoring employers who use a service to filter applicants.
If Boeing was paying $500K+ TC for engineers in their early/mid career, you'd see a lot more expertise enter the field. Instead you basically have to go into tech or PE/IB to see that type of compensation fresh out of school. Especially when students are taking on hundreds of thousands in debt, the payback period becomes really important when considering career paths.
I know a few people who changed careers from biology to finance - but that was only after going back to school and getting some business degree....
1. Firing 100% of management between CEO and lowest level supervisors that make things happen. All of middle management should go.
2. Promote supervisors into middle management.
3. Promote ground level employees into supervisor roles.
4. When human problems happen (and they will), spare no expense with resources and training. Remember, the reason for firing management is because they had the interpersonal talent, but fundamentally lack aeronautical talent. Interpersonal talent is of minimal value at Boeing.
I'm not saying it's good or bad. I've seen communism, and it's much worse to help failing companies -- they tend to fail even more instead of improving.
The problem now is that international market is not really fair, trade treaties help too little.
Feature of nature too, the jungle forces the weak to die quicker.
One more argument for companies != people: we will be a lot more ok for this to happen to companies vs it happening to people.
That door-blowing-off thing wasn't a design issue. "It's hard to forget to install the bolts when you're working from home" is a bit of a logical fallacy.