Wait. You think that is something new? First it started with imports and our manufacturing got creamed. The influx of engineers is a result of most kids today can’t do the math to become an engineer. I am fully educated on the subject. So you want to blame ME because you want higher wages than the going rate. The economy is tuff. I suggest you study some basic economics like supply and demand.
Yeah, that's the problem, especially - when they ask "What is your salary expectation?", and I reply "Whatever the going rate is for this position in your company." Yup, you nailed it!
Of course, we are to totally ignore your nice remark above that you put an engineer's resume in the garbage can for suffering from long-term unemployment.
You ARE part of the problem, by your own admission.