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> Are these people you know actively applying for better jobs and not getting them?

No, because the decades have worn them down. It's been a long time since there have ever been jobs in NZ advertised requiring hard development skills, and the tiny handful that do come up in public tend to be for very specialized verticals where they made hard demands on past experience in that niche area first and foremost over everything else.

> The other is happy with the chill job they have

I mean, I can't blame them for that - there are lots of toxic employers, ageism, credentialism, etc etc. If you're just going to be underemployed doing kiddie-level work anyway, better the devil you know, particularly if you have a family to take care of.

It's all just a big old mess of market failure, though. The problem isn't that the talent pool isn't there, it's that since there's no VC money around, the firms that _really_ need that talent can't pay what the hungrier younger people (who want more than anything else to get on the FAANG gravy train) want and the fantastically talented folks mostly can't earn any kind of premium remotely matching their business value and so make lifestyle choices it's hard to pry them out of.



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