I... somewhat agree. Job postings are currently at a local minimum, and if you're intermediate/junior it is pretty rough out there.
But postings are still around 2021 levels overall, which while not amazing, still have jobs available. I got a couple of decent-but-not-amazing offers last year.
Really the biggest trend I've noticed is that real seniors are genuinely impossible to find/hire. Hiring has become a spamfest. Companies use LLMs to poorly filter resumes. Candidates use LLMs to shoddily write resumes and cover letters. Filtering through this to find the actual senior vs. the guy who worked at FAANG for 3 years and got a staff title for it is virtually impossible. Getting your resume seen through the cruft is also impossible, so many great candidates never make it into the process in any meaningful way. As soon as we get into an interview, it's been incredibly obvious who the good candidates are, and we've hired most of them. But getting good candidates to the interview stage is nigh impossible for candidate and employer.
I guess from my perspective the job market is there, but the process is absolutely horrendous.