Post 9/11 Employment Status

It’s been nearly 3 years since 9/11 incident, and I was wondering if the job market have improved since then. Are there still strive for major cut backs?
I’m still in school, but will be graduating soon. What are people doing these days? Have many people changed careers due to lack of jobs?

I changed jobs about a year ago, not because I had to, but because I was working at a firm for about 4.5 years and I thought it was time to try something new.

I didn’t find any lack of jobs out there, in fact I found that once I sent a few teasers around I had the phones ringing pretty steady.
Most companies are building their in house teams, but they are being very choosey, it is a great time for dedicated and talented people to get into the field as there are a lot of opportunities to be recognized as a young designer.