Wage growth continues to rise: https://www.atlantafed.org/chcs/wage-growth-tracker Unemployment is still low: https://tradingeconomics.com/united-states/unemployment-rate
While it's true that many tech companies are doing layoffs right now or having some form of a hiring freeze in place, it is likely to be temporary as the excess hiring from the past two years unwinds a bit. Many public tech companies with high P/E ratios are just finally having to face the reality that profitable business models must emerge from high growth markets eventually.
In general the US economy is still doing well, despite persistent inflation, and historically high demand jobs that require a college education have weathered negative economic trends better than most professions.
If you are an experienced, competent software engineer I would expect there will be more jobs than candidates for quite some time, and as a career will continue to be a quite lucrative.