I know most people here are already well into their careers so they might not even notice at this point, but the CS job market isn't just 'going through a tough spot' for new grads. The entire market is down in general, but entry level? Entry Level Hirings have literally collapsed. Roughly 65-75% of entry level hiring dissapeared since 2019 at major segments of the tech industry.
It's difficult to pick that apart though. How much of it was down to the over hiring and bounce back in the early twenties and how much is down to AI?