Thankfully, reasonable people understand the basics of job market dynamics (supply and demand).

I didn't make that argument, and neither did the parent. I stated a salient, practical obstacle. You are projecting a fallacy onto your perceived rhetorical enemy - maybe there is a Latin name for that fallacy.

In reality, what reasonable people actually do is use all the information available to them to make decisions (which may be flawed). Which is what is happening.