My data suggests that wages are down about 15% from their peak 2 years ago.
When I see people with 10+ years of experience struggle to get jobs right now it's almost always because they're filtering out good opportunities with their comp expectations.
For more junior folks the market is tough right now. It's going to be a grind but I'd highly encourage you to consider working with a third-party recruiter. You may need to try a few different ones before you find one that can get you placed but a good one will be worth it. All the normal advice applies: leverage your network and debug the problem. Consider where in the process you're dropping off. Are you not hearing back at all? Are you getting interviews but not offers? Work from there.
When I see people with 10+ years of experience struggle to get jobs right now it's almost always because they're filtering out good opportunities with their comp expectations.
For more junior folks the market is tough right now. It's going to be a grind but I'd highly encourage you to consider working with a third-party recruiter. You may need to try a few different ones before you find one that can get you placed but a good one will be worth it. All the normal advice applies: leverage your network and debug the problem. Consider where in the process you're dropping off. Are you not hearing back at all? Are you getting interviews but not offers? Work from there.