Yes, and I see fresh faced engineers and programmers going unemployed for over a year out of school, all the time.
Seriously, pretty much the only field right now with a serious demand > supply condition is nursing, and MDs willing to do general family practice rather than higher-paying specialties.
What college kid has 'an entire life' to uproot? If you go into oceanography, hard to complain if the jobs are near the ocean; similar with other professions. You have to be willing to go where the jobs are.
The shortage of doctors is not due to market conditions. The government limits the supply of slots in medical schools and residencies, which then limits the number of new doctors.
Seriously, pretty much the only field right now with a serious demand > supply condition is nursing, and MDs willing to do general family practice rather than higher-paying specialties.