Wow. That's a decently narrow standard, and I had no idea it was so high.
I object to some specifics - IS without programming education is quite different from CS/programming - but it's still a potent statistic. More narrowly, my (cynical) take is that CS degrees are decidedly unequal. Having seen multiple companies say they only bother with top-seven job fairs, and some genuinely talented friends struggle to land interviews with third-string universities on their resumes, I get the sense that the "shortage" and "surplus" are capable of existing side-by-side.
I completely agree with your conclusion, since it holds regardless of whether I'm right about segmentation within CS degrees: a lot of people are being unhelpfully pushed into "employable" STEM degrees by people who want to look science-friendly, and they're going to be left holding the (unemployment) bag when that doesn't work out.
I object to some specifics - IS without programming education is quite different from CS/programming - but it's still a potent statistic. More narrowly, my (cynical) take is that CS degrees are decidedly unequal. Having seen multiple companies say they only bother with top-seven job fairs, and some genuinely talented friends struggle to land interviews with third-string universities on their resumes, I get the sense that the "shortage" and "surplus" are capable of existing side-by-side.
I completely agree with your conclusion, since it holds regardless of whether I'm right about segmentation within CS degrees: a lot of people are being unhelpfully pushed into "employable" STEM degrees by people who want to look science-friendly, and they're going to be left holding the (unemployment) bag when that doesn't work out.