Here that happens too (STEM is probably the most popular stuff to study) but among other things, I think it makes it easier to get work abroad, especially if you speak more than one language (there's probably a surplus in English-speaking countries). It also seems to me like there's more variety with what you can do if you decide that you don't want to be in academia for life.

Obviously, jobs as a whole are scarce. It's just that compared to my field, it seems so much better. It doesn't help that I'm mad jealous of the science students and alumni at my uni for getting better support and guidance on career-related things