1981 - Two years before I graduate from Electrical Engineering - Big recruiting fair on campus - Most of the grad class has a job offer by end of January. Some kids put downpayment on houses or cars.
1983 - The year I graduate - Huge Recession - Nobody is hiring - No recruiting fair - 3 of 200 kids in my EE class have jobs by graduation. I ended up with a not quite engineering job that was a repeat of my previous summer job. It took over a year before most of my class found jobs.