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You can have both a labor shortage and mass unemployment. It occurs when workers are skilled for an industry with decreasing or no demand while another industry that requires different skills has increasing demand.
A good example of this is the high demand in the US for so called “Blue Collar” jobs. We have a shortage of trades people (Electricians, Plumbers, HVAC, etc) and far too many Business and Marketing people. There’s 100,000 MBA’s out there looking for a job and there’s 100,000 Plumbing Contractors trying to hire someone.
That’s pretty much what they did but that’s not how it’s being presented by the media so you’ve got 30,000,000 people all riled up and ready to riot. I would have preferred if SCOTUS found a way to definitively settle this without the Remands but I understand why they did it.
The lower court will take about an hour to decide that this stuff was “unofficial” and write the legal narrative supporting that. Hell I’d be shocked if it wasn’t already done. This isn’t even close to over.