In my anecdotal experience hiring has been picking up but it seems that everyone expects the 2021 ZIRP economy where new grads were getting $200-300k offers with easy interviews. The experienced hire market is now back to where we were in 2015-2016 and new hire market slightly lagging behind. Unfortunately a lot of people will have to be comfortable working for non tech companies in tech roles like 10 years ago. It sucks because the living standards are more expensive than 10 years ago.