No, I don’t think this is correct. It isn’t saturated. And unless I’m completely missing something obvious, jobs aren’t generally being taken that way. That doesn’t work. What does seem to be happening right now is a worldwide economic downturn (not technically a recession in most places afaik, but sure feels like it when combined with cost of living increases). Which has seemed to make companies a lot more picky when hiring (and quick to carve chunks out of the workforce in some cases). So, anecdotal, but the jobs market does seem to have significantly shrunk in the past year, but this seems tightly tied to economic confidence (and is probably temporary). Companies want experience that they can trust if they are going to spend lots of money and effort at a point in time that confidence is low.
That you aren’t getting any hits: it’s impossible to tell why without seeing what you’re doing. The fact you’re autogenerating stuff smells slightly bad. That you autogenerated stuff massively overstating your experience is a. daft and b. suggests it wasn’t believed, which in turn suggests there’s something off with what you’re sending.