That's what you employers do: you filter out everybody, so there are left like 3 people in the same continent who fit your arbitrary criteria. Then all of you get into a bidding war over those 3, and most of you find that you can't afford to hire.
Finally, you start whinging about a "talent crisis" and blaming the universities for not producing people with the right skills.
Well you made your beds, now lie in them.
At a guess you're projecting other managers complaints on to me. I'm not in the U.S. and don't have these problems.
So you've got actual words from actual me:
* Those three people are worth the bidding war. They're worth 10 times the next rung down.
* I need to fill the position with the best possible person. It doesn't matter that Google et al have take the top people, I still need a new engineer.
* Universities generally suck time and deliver little. Spend the three or four years getting a ton of experience and participating in the community and you'll jump ahead of someone who's passed university, but doesn't have their own project.
So you will pay 10 times more salary, rather than waiting a couple of months for a new engineer to get up to speed? You must be in a hurry. What about all those other employers doing enterprise CRUD apps, are they in a similar hurry?
"I need to fill the position with the best possible person"
I assume then you are not working on enterprise CRUD or dinky mobile apps like everybody else. Are you competing with Unreal's next game engine? Or working on a rocket to Mars? Because your peer employers are NOT.
Yeah, those guys who complain about not finding candidates.
And someone else getting up to speed wont make them the best person for the job. It will make them adequate.