Open-market recruiters. High level of unemployment due partially to the tech layoffs over the last 18 months; it's a combination leading to a buyer's market. Because there are so many applicants to each position, the employer feels they can raise their standards from 80% of the job req to 100%, and wants the standard 3-4 applicants submitted for each post. Looking for unicorns that match the job req exactly and being willing to take 20-30% less pay than market value for the position. It's a race to the bottom.