That Light at the End of the Jobs Tunnel

Recently I posted some hopeful anecdotes about the job market for semiconductor design engineers.

Now I read Tech layoffs continue, despite signs of economic improvement and it makes me feel my prior observations are the exceptions to the rule. What's your sense of the current job market? I'm hoping that my new found pessimism represents "capitulation", that point when hope is lost, and marks the nadir of a market or trend.