For job seekers not at all. I just finished my job search after 5 months and 1 week. After 179 applications, 22 interviews, 2 offers later, I'd say that it's one of the toughest and miserable job market someone can find into. I job search-ed even during the pandemic, and although it was difficult, imho this one is order of magnitude worse... The Senior you are the better chance you'll have, but there is no market for JR, and I feel so bad for them because I have a few people that I care about that are in that condition and aren't able to find almost any openings.

For startup funding, if you are in AI it's fine. Otherwise better presenting with very good metrics and not with the pressing needs of raising money.

It's impossible to say when it will recover, but I'll echo the people in this thread that say "not this year".