The market rebound appears to be mostly in senior roles [1] while everyone else are falling out of favor including new grads. Definitely puts the "higher than ever" claim in question. Indeed is looking at job postings data and I personally think this is a poor unit of measure. In my humble opinion the market isn't anywhere near where it used to be even several years prior to the pandemic.
[1] https://hiringlab.indeed.com/2026/07/08/ai-and-job-postings-...
Even before AI we were trending toward an economy with very few entry level jobs anywhere. AI is supercharging this, and I can easily now imagine a future where there's basically zero (good) jobs for anyone who isn't an expert.
So how do we get the next generation of senior professionals then?
This, I think, is a civilization-scale problem we will need to confront in the next 20-ish years.