[ricardoplouis]

Our workforce is more educated now than at any point in history. This means we'll have more and more people competing for jobs they are overqualified for. From a job seeker perspective, it will only get harder as the traditional credentials have lost their value.

I've also been on the hiring perspective and I can tell you there is no shortage of candidates, nor do companies have a hard time finding employees. The problem is that they either:

A: Want top talent without paying the premium B: Want top talent for a role that doesn't require it

If you ask any hiring manager, they'll always prefer the senior talent over the junior one, even if the role doesn't require it. But once they see the rates that senior talent commands, they might adjust their expectations.

I don't think there is any dream solution given that the problem is more cultural than anything. If anything, the market will loosen up in favor of the hiring managers in the long run, but continue to squeeze workers given our current trajectory.