[jmg]

As pointed out in one of the comments, this doesn't hold for recent college grads. I know a lot of very smart people who graduated in the past 2-3 years and cannot find jobs.

[jacquesm]

What kind of fields?

I know plenty of people that graduated, some of them can't find jobs but they're mostly in the 'soft' sciences.

[yummyfajitas]

How are the recent college grads faring relative to the recent non-college grads?