I'ts all very sad, my heart goes out to everyone..
I qualified in 2002 right in the middle of another notorious downturn, I kept positive though and Instructed for a couple of years, hoping things would improve, but my age was against me I was 38 at the time.
Sometimes you just have to bow to the inevitable and move on, or at the very least have a plan "B". A lot of the guys who qualified at the same time as me refused to accept that it just may not happen for them, and wasted years when they could have been re-training for something else.
Stay positive but be realistic.
Good luck all