Are there any analysts left to move laterally after their 1st or 2nd year

My Cousin is a HH who focuses mostly on super high quality and niche sell-side roles and some buy-side roles. At a family wedding he was lamenting how little response he is getting from potential candidates as compared to six months to a year ago. Types of roles range from EBs to small entrepreneurial niche firms in FinTech mostly it seems, as well as some Middle Market PEs recruiting offcycle. 

I mentioned that it seems like everyone I know is spoken for. Either having gone through a robust recruiting cycle given the overheated economy, or people just sick of the business after the pandemic. 
While most of us are focused on the buy-side post analyst, he's always had a robust business in finding people that seek something different and is now just not finding people like he used to.
some of these roles seem to offer better hours 

wondering what others think?
 

 

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