Talking to a plumber recently, he's had enough and is off to live in Berlin and busk it. It seems that the collapse of the construction industry flooded the private work market with people who would normally never have touched that work.
My previous "industry" (private practice law firms) was hit very hard, with my last employer having four rounds of redundancy in 12 months.
Current industry seems to be OK (telecoms), but i suspect that it is more stagnant than retracting.
Everywhere else seems, at best, to be trundlign along with no real sense of growth, and quite often continued contraction. People remain fearful of their jobs, but also seem resigned that this is going to happen to them and there is little they can do about it.