Pretty skeptical of this given how many recent CS grads there are (and yeah I'm aware of the usual complaints of "but they can't pass a basic coding interview!!" but most of the ones I've seen seem pretty competent)
A basic coding interview doesn't really cover what companies are looking for. There's a lot of talk about devops and cloud development, which means they're looking for people who are already familiar with developing software that's cloud native rather than just general software development ability.
At my day job, we actually spend a significant amount of time working with juniors to get them up to speed on deploying to kubernetes (writing manifest/helm files, building cloud-ready configurations, handling autoscaling etc). The company I work at sees a lot of value in investing senior engineer time into teaching new grads the ropes but I feel like a lot of companies would rather just hire people who already know how to do this stuff.
I don't really know how you'd usefully learn any of that unless you already needed to figure it out at some point while on the job.
I'm not a junior, maybe intermediate-senior depending on how one sees it, but I'm definitely seeing these requirements in a ton of jobs, but since I've largely been working frontend in the last few teams I've been a part of.
I know that I need to pivot back to more of a full-stack kind of situation, and I'm working on rebuilding those backend skills, but at this point it feels like I've already missed the boat.
Honestly in the past year or two I have been fairly impressed with recent grads I have worked with. On the other hand I've run across several people that got laid off from one of the big tech companies and I am shocked how little they know. Things that should have taken a week or two such as setting up an api endpoint to return records or consuming one of our apis ends up taking 4+ months for them to complete.
Amazing what kind of mess fresh grads from top tier schools can make.