Yes it popped with the first big wave of post-covid layoffs but somehow word hasnt gotten out to the general public. When the most common career advice was to find a new job every 6 months and ask for 20% more money and companies were hiring anybody with a pulse a few years ago I dont know how people did not see that bubble. It was so painfully obvious.
Many did see it, especially when 6 months bootcamps started to pop up and weren’t actually totally misleading in promising high salary jobs upon graduation.