Potential employers are sitting on empty positions, all the time. The market is not "red hot" unless you have the resume. This is continually demonstrated time and again as CS students struggle to enter the job market. We whom are paid for our work live in a bubble of success that by it's nature does not get to see the failure.

If companies were actually struggling they would fund education and find people to hire. Overwhelmingly tech refuses to fund education and is heavily competed over for job positions and internships. Just like every company says they make the best products, they say they're always hiring.