For me, as a humanities PhD, it's been an extremely uncertain time. I'm lecturing this year alongside a one year fellowship (latter essentially unpaid but looks good on c.v!). Beyond that, I'm worried.
I have two papers under review, one was rejected and sent out again. Because rejection rates are about 95%, it takes a long time to get anything out there - time I don't really have.
The lecturing is crowding out any research this term, though I hope to write something during the break. What I need is a postdoc to give me time to land pubs, but these are very hard to come by. Not one I could apply for in the U.K last year (Oxford JRF's are a racket best avoided in my area).
Jobs tend to get several hundred apps. I'm also deaf and this goes against me despite the 'Two ticks" scheme. I also took longer to complete my PhD than normal as I had a cochlear implant - part of the reason I did was to put me on a more even playing field, but I'm not sure it has.
My general impression is that my discipline is largely ran by wealthy, entitled, white men with little understanding of different groups: in fact, it is sometimes hostile to them. I don't know if the toxic aspects outweigh my interest in the subject anymore.
I'd hope prospects are brighter in STEM subjects.