I think a lot of people are missing the point. It's not that the economy is bad, it's that there's a mismatch. We have tons of graduates who just finished with a degree in X, but we need people for job with skills Y
The example they give is a girl who has a degree in "health communications". Another, with a degree in "cognitive science", found a job in data science. A critical reader might describe these degrees as a "degree in fluff".