[lhorie]

> This is what I asked - why do you think this is? I'm not convinced

The simplest way to explain is to just look at basic math: if there are 3 doctor jobs and 4 doctors, one gets the short end of the stick.

> master degrees, in what

In STEM, most surprisingly, but also other careers that sound fairly reasonable. You'd think stuff like civil engineering or accounting would be fine careers, right? But somehow, Uber drivers have the craziest life stories...

[Chris2048]

I've yet to see a doctor unable to either be employed or self-employ.

[lhorie]

Try looking a bit harder then. From my first google search:

"Among European countries that have grappled with the problem of unemployed doctors are Italy, with an unemployment rate among doctors of 17% in 1990; Austria, with a rate of 9%; Germany, with 8%; the Netherlands, with 6%; and Spain, with 5%. In the Nordic countries the phenomenon is more recent-throughout most of their history they have suffered a shortage of doctors. Since the early 1990s, the unemployment rate among doctors has increased rapidly in both Sweden and Finland, and is expected to reach 10 to 15% by the year 2000"[0]

[0] https://journals.sagepub.com/doi/pdf/10.1177/014107689608900...

[Chris2048]

  Among the unemployed doctors in countries with a large public sector of health care, there has been little interest in venturing out as private entrepreneurs. Instead, the medical profession is interested in protecting the position of doctors as employees in the public sector, which can secure their position in the division of labour in health care better than the private sector.

It can't be helped if an industry is socialised to the extent that professionals are dependant on the state. At that point the mechanics of supply and demand are affected by interference.