I think short of some massive upheaval (world war, mass riots/killings/crime, aliens), I don’t think much will change. We’ll just bump along the bottom here.
There simply aren’t enough “do with your hands” jobs which pay a decent amount. In a service/information global society, just unlikely these jobs will be back.
Tough thing for a lot of the folks is if you have kids, you’re sorta screwed since no affordable daycare to allow you to work. Best bet I think for these folks is give the kid up for adoption, but that probably wouldn’t work for the older kids.