We have plenty of engineers and technical wizards. But, they are being undercut by H1B visa holders and off-shoring.I don't think so.
Here is the latest data that I could find about unemployment in new college graduates.
Which college majors translate best to the job market?
Here's a snapshot of the table at this link. You will see that unemployment in the technical fields is pretty reasonable. These graduates are getting jobs. If there were more of them they would get jobs as well.
The lesson here is that to get a job you need a skill that the marketplace is looking for. Right now health, science, engineering, computer science and high tech in general dominate the employment statistics. And this is not new.
Here is the latest data that I could find about unemployment in new college graduates. I'm not referring to college graduates. I'm referring to experienced professionals with proven skills. Some of them were required to train their own replacements.
Human resources post jobs requiring 5 years experience in a technology that is only 3 years old. Then, they push interviewees right out of school, because they are cheaper.
Right now health, science, engineering, computer science and high tech in general dominate the employment statistics.
I think you should look at the chart you posted, again.
A 4.5% unemployment rate (the bottom 3 entries on your screen) is nothing to boast about. It's the median among all of the college majors that are listed.