CPU running at 100% capacity immediately since 2022 update

[Beaudi5C30]

I'm using 10th gen Intel i9 CPU, 8gb graphics with 16gb of ram and I have a 1TB SSD dedicated to premiere pro.

Before the 2022 update I could run my 4k Vlog footage at 1/2 no problem. Since the update I can't even run it at 1/8 for even a second and the CPU caps out immediately. Anyone having this issue or have any fixes? This has caused my business to be a day behind schedule which is a massive problem and now client's are waiting much longer for the there content which has never happened before. This problem is effecting my business's reputation. I've proxied the files for now (proxied to 720p and still not running great even at 1/4) 

I hate using proxies because I have to wait for them to render and you have to be very careful to get all the frame rates right otherwise it ends up being much more work. 

[Kevin-Monahan]

Thanks, I appreciate the comment.

Cheers,
Kevin