You are correct.
In fact some of my friends experience the PMET job market is going downhill.
Age is a factor too, especially those in the late 40s and older.
I was surprise the government keep said good things of the job market.
Manager level at age 36 to 39 also difficult to find job as long as salary above 7K
Last 2 years, I attended several expensive courses (self-paid) and that is without the skillsfuture funding to upgrade my skills and industry awareness
The main thing is to be prepared and don't give up easily