On the subject of the recovery in the USA, didnt they call it a 'jobless recovery'?
At any rate, here in the Netherlands the economy isnt doing too good too, Dollar and Euro both seem to be in trouble, but i managed to get hired two days ago at a pretty good company in a medium sized city, and i'm very grateful for that too. Been trying for quite a while too, but with help of a contact it worked out. Seems the best way to find a job now, in Europe and the USA is to try to find contacts to bring you forward, and/or try to work from the bottom upwards in a company.
Reading that many people here, talented people that develop great stuff, have such trouble finding a suitable job.. Makes me want to be a millionaire and hire you all to produce stuff you want, to release
But ah. Looks like it's definitely a good idea to make sure you got enough food supplies to last for months or years, to invest in such basic needs to make sure you dont end up in the bread lines. We got those here in some of the larger cities, tens of thousands of people for many years now - It's not a pretty sight.
So definitely take care to prepare for worse to come, since hearing this makes me rather fearful for you guys over there.
EDIT: Also, college was a waste of time for me. I didnt get in debts but I would definitely not advice going to college, uni, etc if that means getting into debt. Also if you are able to work up inside a company you can get a lot more experience in the meantime, in my opinion. Should be worth considering though.