Anyone else contemplating leaving the industry?

The job market is bad, I thought hiring would pick up after the holidays, but there's very very few jobs to apply to, and most of them pay significantly lower wages than pre-pandemic. Is this the new normal for IT? I have a feeling it's never going to pick back up. I'm seeing senior enginnner jobs posted in the DFW metro and paying a max salary of less than 85k. That's wild to see, even asking for Kubernetes experience which usually results in higher salaries.