This isn't confined just to senior developers. I have even encountered system architects who were clueless about Isolation levels. Some even confused "Consistency" in ACID with the "Consistency" in CAP.
Makes me sad, since I work mostly in retail and and encounter systems that are infested with race conditions and simila errors: things where these isolation levels would be of great help.
However it's mostly engineers at startups, I have a very high opinion of typical Oracel/MSSQL developers at BigCos who at least have their fundamentals right.