I think the job availabilities are based on where you live, education, experience, skills, abilities, communication, personability, etc.
There are plenty of jobs available but depends if you will move, or rather where you live, etc.
When I was let go (downsized), I found a job 2 months after that day. However, for 1 month I did absolutely nothing, except go to the movies during the day, bum around, etc. And I had job offers from more than one place.
Just reading a study by the BLS this morning (or some other gov org, don't remember), but it said jobs are available for experienced and professional people, even in this sluggish economy. The study says that 48/50 of the highest paid jobs through 2010 will require an undergraduate degree at a minimum. Also three-fourths of all job growth will be in the computer/mathematical fields, followed by health care, education, training, and library services.
Even though there was a stack "8 inches high" for an IT manager shows many are looking, but the main thing to get from that is how many are truly qualified for the position? I am sure that half can probably be thrown out because of education, another half because they have never handled the required responsibilities (budget size, # of employees, etc), and on.
Look at all the data and from multiple sources because if you rely on the newspaper or magazine or tv, etc., they may have an agenda that shows nothing but doom and gloom to meet their desired goals.
Point is - if you are qualified and confident (and competent!) then you will be the one selected from that large pile.