Job Loss

Can I just start by saying how excited I am to graduate in May? Ok well looking at "Bloody Monday" (yea they named it that) and today with a combined total of layoffs almost 73, 000 people I am scared. Huge cutbacks are necessary for these companies to stay above water but it seems to be getting out of control. With our economy the way it is I don't feel the job market will be strong again for a least a few years. I remember first becoming concerned when the car companies were going under and asking for bailouts as well as laying off employees. Scares me and can't wait to watch it all unfold as May nears (hint that is my super sarcasm).