Rust job market super competitive October 2023?

Is it just me, or is the Rust Job market incredibly competitive right now in October 2023? I have had my work presented at RustConf, and I have over two years of professional Rust experience. Yet I’ve applied for about 50 Rust jobs and only gotten interviews with about three. These all seemed great, and the interviewers commented on how knowledgeable I seemed (one even asked where I went to college to learn all this stuff) and how I would probably make a great addition to the team. However, I always ended up being ghosted or denied somewhere in the process after feeling like I had a great interview apparently because "there were many great candidates."

I’m so confused. Is anyone else experiencing this? I'm at the point of almost not applying to Rust jobs because it just seems next to impossible to get one despite my experience in using it.