Not that like I think one should put too much stock in head lines. But "Wiping Out"
seems to translate to a 6.1% unemployment rate and 16.5% underemployment rate?
https://www.finalroundai.com/blog/computer-science-graduates...
The article refers to this article from May, which claims a 50% reduction in graduate tech hiring since pre-pandemic levels, 25% reduction since 2023
https://www.signalfire.com/blog/signalfire-state-of-talent-r...
I think the numbers you are arguing with here are for all employees, not just fresh graduates.
Blame the article for using suboptimal numbers, but the "wiping out" part is definitely justified when talking about jobs for graduates