Basically everyone I know who doesn't have a tech job is struggling for money / feels like the world is unaffordable for them atm. Those without jobs are struggling to get them. And those with jobs are scared to change even if they don't like them.

And from what I read in the media, a lot of the economic indicators are backing this up: discretionary spending is down, private debt levels are rising, etc. All signs that the slack in the system is disappearing.