Modern dating standards.
(media.scored.co)
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When every job hunter is applying for 100 jobs, it makes the labor pool expand, which means employers are pickier.
It's the same problem with colleges. Each HS kid is applying to 12 schools so the demand at any individual school is 12x greater than it rightfully should be, so the schools charge absurd tuition.
People watered the tree that they would eventually hang from.