I don't see this as much here in Ontario. Among the vaccinated as of today there is a 10.10/100k hospitalization status vs 16/100k for the unvaccinated (and 11.9 for one-dose). The hospitalization rate among the vaccinated is climbing quickly. Yes, there's still a gap, but yikes.
ICU is better, though, with a 0.76/100k rate for the vaccinated vs 4.74/100k for the unvaccinated.
This may have to do with different hospitalization and testing criterion, I don't know. But hospitalization here is in full exponential growth and not just among the unvaccinated.
Obviously being vaccinated is still far preferable. I have had 3 doses (1 AstraZeneca and 2 Pfizer) FWIW.