Node 16.0.0 causes frequent recompiles

Currently, WATcher works well only with node 14.0.0. However, when using node versions >=16.0.0, frequent recompiles (almost every 4-5 seconds) occur. This affects usability and can be quite annoying, and warrants further investigation

**To Reproduce**
Steps to reproduce the behavior:

1. Use node -v 16
2. Run using npm run ng:serve:web
3. Watch as app continues to recompile

**Expected behavior**
App should only recompile if there are changes made.

**Desktop (please complete the following information):**

- OS: MacOS Monterey
- Browser: chrome
- Node version: 16

Reproduce the issue with Node 16 by running `npm run ng:serve:web` and observe the repeated recompiles. Investigate the web development build/watch entry point and verify that recompilation occurs only after file changes; there are no specific files or tests named in the issue.

Written by the indexing model from the issue text.