My Opinion: Yes,They remain unemployed. a) As Industry is maturing day by day,most companies want to hire senior developers.Hiring for junior developers has slo

My Opinion: Yes,They remain unemployed. a) As Industry is maturing day by day,most companies want to hire senior developers.Hiring for junior developers has slowed down. b) Most of the well reputed product based companies have their engineering offices in US where there is infinite supply of fresh grads from premier research institutes.Even these grads are finding it tough to land a job. c) Not all companies are interested in competitive programming contest-it depends on the company,hiring manager,team. d) Let's say you are from Eastern Europe/Russia,China,India,Korea,Japan or other low income countries,hell even from US/Western EU.No company would like to import you just because you won a contest.(This is because these companies are only interested in hiring senior developers.) e) Competitive programming is about solving artificial problems having artificial constraint.Solving such problems doesn't guarantee that you can solve complex problems at professional level. f) FAANG Interviews are conducted to filter out candidate's who can't code.It is possible to pass these interviews without CP experience.I personally know lot of such developers.