It's probably influenced greatly by industry and region.
The entry level job market is paradoxically the hardest due to the competition and limited opportunity to differentiate.
My first three job searches out of college required several months with 150-200 applications each, and I was an ivy league grad with a finance degree.
It was really tough to get an interview without knowing anyone. I initially tried limiting my search to positions and companies I was passionate about via career websites, but my hit rate of even getting a response was ~5%, so I realized I needed to up the number of applications to get a reasonable pipeline of opportunities.
Thankfully I've passed that point in my career and have specialized, so my last two positions have been through recruiters that approached me. I won't forget how stressful the early career can be though.