I'm not sure, but that's still happening. At least it happened to me this year. I consider myself a decent developer (in every job I have landed, I was always considered the "best" in the team after not much time in the job). I'm not faang-silicon-valley level, though. I haven't written a compiler or an OS, or contributed to the linux kernel. I have read all the popular tech books out there, I do more or less know what companies (and interviewers) want to hear, and I'm easy to work with.

I'm in western europe. I think the situation in the US is way different, though. Also, for juniors (or people with less than 8-10 years of experience) is much harder, that's true.