FWIW, I'm not saying we are at full employment for all possible specializations and geography's, clearly some are out and others are in and we have some of the most immobile labor we've seen in a while [1]. The problem, as with many things, is housing. People simply can't (and aren't) moving to where the jobs are.

[1]: https://www.npr.org/2025/12/31/nx-s1-5660752/why-americans-d...