The academic market in the US is very bad and in the EU only marginally better. China seems to prefer domestic talent now.

Outside of academia there are only a few niche industries still hiring. Mag7 is drying up. The semi-private research institutes want seniors with grants or customers in pocket, not fresh phds with no connections.

Probably only getting worse in the near term.

There are a few specific applications that are still good. Medical imaging seems okay for now. Advanced signal processing is still a viable route. Consumer robotics, possibly.