I'm pretty constantly bombarded by job requests. I'd say the activity is out there. Heck, I just got told of another by a friend (anyone, that I can vouch for, looking around Framingham, MA, get in touch) just this evening. From what I can tell, there seem to be plenty of jobs for experienced DBAs.

I was speaking with some consulting friends at the PASS Summit and they are not hurting, at all. In fact, most of them have more work than they can readily deal with.