The change was quite shocking. For 25 years, to get a new job I’d send out 5 resumes, get 4 interviews, and 3 offers. This time around, I sent 200+ resumes, got 2 interviews, and ghosted on both.
I don’t see any evidence for an employee favored job market. This is not 2020/21 anymore. The large corporations are firmly in power in tech.