Jewelcrafting thus far this expansion has been the major cash cow and with epic gems well on their way I suspect that JC will be the best profession to make wow gold from. I would definitely suggest this profession to someone who doesn't already have one.
Tailoring isn't too good at the moment, I expect this to change with 4.2 & the new patterns. You're going to need 150 volatiles per week to do use your weekly dreamcloth CD though, which can get costy especially if you don't have much capital. Leg armors are profitable but not worth it in my opinion.
Leatherworking is profitable in many ways. Leg armors, Pvp gear, turning in savage leather into pristine hides. Just a great overall profession to make wow gold from.
Inscription is great for starters, but can be very rough and intimidating. The glyph market is often cut throat and over crowed, but the potential for profits are insane. Would suggest it to those with determination to stick it out.
Alchemy is great for a starter profession, crafting the daily true wow gold ( http://www.wowcatagold.com ) can be profitable if you become a transmute spec'ed alchemist. You can also craft the Living elements transmutation for profits. Transmuting gems can also be very profitable. This is a great profession to pair up with JC purely for gem transmutations. I'd recommend it to anyone with low-mid capital.
Enchanting can be very costly to level. The profits at max aren't too good, unless you have gold to craft the very high end weapon and bracer enchants. There are a couple cheap profitable enchants but not too many. Only reason I'd suggest this is so you can have a disenchanter to DE your things from the obsidian shuffle, otherwise I wouldn't suggest it.
Source: http://www.wowcatagold.com
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