For some it's picking up. It's still pretty slim pickings for [link|http://users.easystreet.com/ovid/personal/resume.html|Perl programmers like myself].
(Oh, that link is a hint :)
My company has been struggling and we've missed a couple of paychecks now. I wound up sending out seven resumes my first week of hunting and have gotten nary a nibble. I'm hardly a slouch when it comes to programming, but unless I want to sell my soul and go back into mainframe programming, I need to tighten my belt a bit.