[cashsterling]

I graduated in ChemE in southern California in 1999 when there was a major downturn in the job market. One or two big chemical engineering design firms closed their SoCal offices flooding the market with qualified chemE's, aerospace companies were consolidating, etc.

Some of my school colleagues got good jobs at refineries and whatnot... but they were the fortunate ones. It took me 12 months to land my first "I made it" engineering job with a good salary. In the interim, I worked hourly jobs making between 13-18 USD an hour.

Don't let the current job market deflate you. You are young, intelligent, and you have a degree from MIT... you are going to be fine.