My entry-level job requires 5 years of experience. How are new grads supposed to break into the workforce?

I have a degree, internships, and volunteer work,

My entry-level job requires 5 years of experience. How are new grads supposed to break into the workforce?

I have a degree, internships, and volunteer work, but apparently that's not enough anymore. Are we all just supposed to lie on our resumes?
Fellow job seekers, how are you navigating the experience

The Skill Inflation Spiral