Same with mechanical engineering. I got into the nuclear industry and never looked back. Nuke plants are always looking for mechanics, electricians, welders/pipe fitters, operators, engineers, planners, etc.
Don't know about this ^. They may be hiring in areas other than engineering, but I can't speak to that aspect.
I graduated in 2011 with a BSME and EIT certificate in hand. Spent 16 months trying to find a job and kept losing out to engineers with 9+ years experience taking entry level jobs. I applied to several nuke plants, coal plants, and even natural gas plants as well as numerous private companies. I finally got on with the Navy designing weapons.
I have a good acquaintance that is a journeyman electrician. He's had to take a second job since he can't find work as an electrician and his wife got laid off and had to start her own business just to keep afloat.
My advice is stay with the job you've got for now until something changes with the economy (November will tell us if it will get better or worse). I do recommend trying to start a business on the side, especially in something you enjoy doing. Of course, it doesn't hurt to apply for jobs while you are working. Worst case you will end up getting hired somewhere else.
Well, that's my $.02 worth. Good luck with your decision(s) - It's tough to be stuck in a job went to crap.