Has the college academic job market always been highly competitive and elitist?

@ProfSD - a few of the PhDs I knew who switched to administrative positions were not tenured. They were going from institution to institution as non-tenured or adjuncts, and it was causing issues with their spouse’s career, their kid’s school continuity, and making ties to the community. They wanted employment in their field but there were no tenure track positions, so they were seeking employment wherever they could, and it was impacting their families/home life.