Whether or not you’re wasting your time in college is only something you can answer. However, there definitely are jobs out there for junior software devs right now. If economic outlooks improve, I’d expect demand for juniors to rise also.

Anecdote: I saw stats shared on social media by a CS professor at my former college. Enrollment for their classes is way down this year, when “back in my day” they were packed. Make of it what you will, but it’s possible young people might no longer be seeing software development as an easy career to get into. That could make it a more attractive prospect for someone who’s in it for more than just money.