I'll throw it out there that I think coding boot camps are partly responsible for this situation. Yes, there were several very reputable ones, but there were a

I'll throw it out there that I think coding boot camps are partly responsible for this situation. Yes, there were several very reputable ones, but there were also a lot of shady joints operating as little more than diploma mills. They were churning out thousands of unqualified candidates and as a senior developer in charge of hiring it suddenly became apparent that the quality of these candidates was much lower than I was used to. When they couldn't get jobs easily they may have began seeking employment at lower wages and it looks like the wages have definitely been dropping industry-wide in my location.