Imagine you have 8 companies, each with one open position and different job requirements, and 7 coders who each apply to all 8 open positions and who each have different expertise. Every company extends an offer to the candidate who is best for them. No company hires more than 1/7th of the applicants, and every company hires only the best, yet at the same time there are not enough coders to go around.
Of course at the same time, the companies getting flooded with more applicants than they can hope to process are not the same companies struggling to fill positions, and the coders struggling through interviews are not applying to the jobs that will take anyone with a pulse.
Of course at the same time, the companies getting flooded with more applicants than they can hope to process are not the same companies struggling to fill positions, and the coders struggling through interviews are not applying to the jobs that will take anyone with a pulse.