I think you overlook the fact that we have been living, in the US, under socialism since at least the 1990s. This has caused the explosion in government's hands on the economy. We not only have government but also industries it controls such as education and healthcare (two of the least efficient industries out there).

Will this change? Hard to tell in spite of the current administration. But outside of that, where regulation is in the way, we will see a crushing.

they have to help fill the 8 million open other jobs in the economy.

The JOLTS numbers are full of ghost-jobs. There arent that many available. Companies keeps jobs posted often to provide the illusion of growth and to keep getting applications to push others out.