This doesn't entirely make sense. Price is inextricably coupled with supply and demand. I mean, you literally cannot graph supply and demand without involving p

This doesn't entirely make sense. Price is inextricably coupled with supply and demand. I mean, you literally cannot graph supply and demand without involving price, because price is one of the axes of the graph. I don't know about the "unemployed" claim. Is there any data on this? The existence of some unemployed engineers does not mean there is not a shortage of engineers. They could be grossly incompetent. Or they are part of the level of unemployment that is considered normal. That's why 4% unemployment is considered to be "full employment." Wages have most certainly not stagnated in the tech industry.