That's true here too, but it's not true of every part of the US. If you're stuck somewhere with a weak labor market and unable to move, that's pretty much the only way you'd end up unemployed with a CS degree at this point in time.

I don't imagine it will continue like this forever, obviously, but the labor market is tight enough that I know multiple people who changed tired for a living, were waitresses, etc and went through a bootcamp and now make a solid living as an engineer. For those who actually have Computer Science degrees, the demand is infinitely higher.