While that is true for any type of major-related (or otherwise) job prospects, generalizing over “STEM” rather than a more specific major or more closely-related group of majors often makes the claim weaker or less accurate. The ups and downs of the CS-related job market are of little direct relevance to biology majors, and it would be a mistake to refer to the “STEM” job market when describing the ups and downs of the CS-related job market.