Companies are going to have to lower their expectations with experience. The workforce is getting younger and transitional.
I'm sure there's plenty of young educated people capable of filling a lot of these jobs with a good month of training, despite their lack of 5-7 years experience.
I blame a lot of our weak labor force participation problems on employers and, more specifically, accounting driven business school mentalities. Efforts to streamline have put unreasonable expectations on HR to find people who don't need to be trained and work for below market value.
As we've transitioned to a fake financialized economy instead of making real goods and services, companies don't need to hire. Even "manufacturing" companies are basically trying to mimic the FIRE sector by "growing" through hollow acquisitions or stock repurchases to artificially boost share price and the equity. And permanent un(der)employment at ever increasingly levels because technology or because inflation are the excuses "both" parties use. The job "openings" are pure kabuki: Hire some HR dolts to create some hoops to show how everyone's "unqualified," thus justifying the 20+% real unemployment that "both" parties have been commissioned to effect.
I've been through job interview processes where they call back and said that they hired no one and other times I have heard of job openings that have been open for over a year. It makes you wonder, right? I'm sure there has been cases where you are being an interviewed by a "friend with benefits" and still not get the job.
