With our rates of pay frozen indefinitely, and the opportunities for climbing the corporate ladder in our current jobs seemingly taken away, the jobs market is looking pretty bleak.
And that's for those who are lucky enough to be in full time employment.
Millions more simply can't find a job at all.
College graduates, professionals, and creatives are all struggling to make their mark on the jobs ladder.
If you're finding yourself a little uninspired by your current position, or you've always dreamed of making your mark elsewhere, now might be the right time to do so.
Times of recession have long since been seen as a breeding ground for entrepreneurs, trades and crafts, and complete U-turns in career directions.
With the feeling that you have very little to lose as your current situation is a little bleak, is it time you decided to change careers? For many people, their circumstances have changed since they took on their current role.
For instance, you may have recently had children, or seen your grown up children move out.
Both of these circumstances will require you to change your working hours - something many employers are simply not in a position to do.
If you're looking to spend a little less time in the office, or you're looking for a more fulfilling career, you could always look at starting your own business.
With finances tight and lending restricted, it would be wise for you to save up and run your home business alongside your other work commitments first.
However as your business takes off, you may be able to leave your job and reap the benefits of being your own boss.
For some people, becoming an entrepreneur isn't for them.
As we grew up we all had a 'dream' job; a job that perhaps got forgotten about in a bid to simply make ends meet.
But with so much uncertainty in some jobs, there is no time like the present to revisit your childhood dreams.
This may mean going back to college and retraining, or training on the job.
This can be extremely rewarding, especially if you have recently found yourself falling out of love with your job.
It would certainly be wise to thoroughly research the financial implications of retraining or being out of employment for a while.
If you need to support a family especially, it's important to make sure you have the financial stability to cope while you're out of work.
For many people, changing careers is something they have pushed to the back of their minds.
But if you're currently finding yourself daydreaming about your dream job, there really is no time like the present to consider a career change.