Wait, what?

I'm employed and making money, so don't feel sorry. Again, I doubt there were a lot of recently-pink-slipped 50 year olds applying at the web-y companies I was interviewing with. I 3 ageism!

Tons of startups and lots of technology-related stuff is going on. I know Wall Street is dying, but I don't want work for a bank, and those old C programmers that got layed off from Citibank aren't much a competition for a young cheap kid who's up on new web stuff.

Hey, don't worry too much. I just graduated in December from Michigan Technological University with a 3.1, packed up a U-Haul, and moved out to NYC without a job offer. No one's heard of MTU out here, but within a week I had two really good offers, and got my salary up pretty high by having the two companies fight for me. I had two summer internships, I was the GM of a student group, and I had a student job at the sys admin place on campus. Anyway, it's not so bad. I highly recommend you pick a place that you want to live (and that has a decent local economy), move there, and start pounding the pavement. I spent 3 months applying for jobs in NYC from Michigan, and it was essentially useless. Once you're local, you're golden. Good luck!

Bad management leads to bad results, no matter the methodology.