I know that personal experience is anecdotal, but I have a full-time job and a wide choice of side gigs that I can pick up. I don't even say this to gloat, it just seems like the news outlets are blowing it out of proportion (as always)
What you said. My little slice of the Japanese countryside is heavily invested in manufacturing. There are 6,000 Brazilian factory workers in my town. About 5,000 of them are out of work right now, and many have taken a government offer where they'll pay for your plane ticket if you leave the country and promise to not come back. Meanwhile I'm in an air-conditioned office, just got a positive performance evaluation,…
Regarding the job market, I do contract work in Colorado and have had no problems either. My programmer friends in the US, Europe, and Brazil are all gainfully employed. I think there's a chronic shortage of good programming talent that's not going away anytime soon.