Everyone wants talented developers because companies typically pay them only incrementally more than lousy developers even though they're vastly more productive.

Perhaps the reason people are having trouble finding jobs and companies are having trouble finding people is because both sides are realizing this but companies are still offering the same terms which the talented developers are rejecting either by seeking out the companies offering more pay, the companies offering better projects and teams or by rejecting the system entirely and starting their own companies where they can be the ones that reap the rewards of their efforts rather than the often disproportionately paid executive staff.