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That doesn't really work when the are already more graduates than jobs in many fields.

Heard of STEM?

What about it? Are there actually more jobs than graduates there?

Yes, and I see fresh faced engineers and programmers going unemployed for over a year out of school, all the time.

Seriously, pretty much the only field right now with a serious demand > supply condition is nursing, and MDs willing to do general family practice rather than higher-paying specialties.

I don't see unemployed vaguely competent cs grads unless they are unwilling or unable to relocate.

Many people can't/don't want to uproot their entire life and move to some overpriced suburb of SF.

What college kid has 'an entire life' to uproot? If you go into oceanography, hard to complain if the jobs are near the ocean; similar with other professions. You have to be willing to go where the jobs are.

Anyone with relatives!?

The shortage of doctors is not due to market conditions. The government limits the supply of slots in medical schools and residencies, which then limits the number of new doctors.

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