LWC OSS & Jest - Cannot create elements to test as createElement no longer exists - lwc

Question

I'm trying to write a unit test for my open source LWC but cannot complete the test as the createElement member from the LWC package no longer exists. I have been following the docs on lwc.dev but they seem to be outdated and still using createElement in their example.
I have a TypeScript-enabled LWR application and I have installed jest, jest-environment-jsdom, #types/jest and #lwc/jest-preset.
Here is my component:
// hello.html
<template>
<h1>Hello, {greeting}!<h1>
<template>
// hello.ts
import { LightningElement } from 'lwc';
export default class Hello extends LightningElement {
greeting = 'World';
}
And here is my unit test:
// __tests__/hello.test.ts
import { createElement } from 'lwc';
import Hello from '../hello';
describe('hello', () => {
afterEach(() => {
while (document.body.firstChild) {
document.body.removeChild(document.body.firstChild);
}
});
it('renders greeting', () => {
const element = createElement('tut-hello', {
is: Hello
});
document.body.appendChild(element);
const div = element.shadowRoot.querySelector('div');
expect(div.textContent).toBe('Hello, World!');
});
});
VS Code is showing me an error line under createElement in my import statement:
Module '"lwc"' has no exported member 'createElement'.ts(2305).
When I run the test I get a failure with the following message:
TypeError: Cannot read properties of null (reading 'textContent').
All LWC examples I could find use createElement yet there are GitHub PRs from years ago with comments saying that createElement api will soon be deprecated.
The only other way I could find to possibly create an element is from a comment in the base LightningComponent class within the framework itself:
customElements.define('tut-hello', Hello.CustomElementConstructor);
const element = document.createElement('tut-hello', {
is: 'tut-hello'
});
But this doesn't work for me either. How do I create an element for testing with the latest version of LWC OSS?