If you're a new grad, and I'm guessing you are, I hope you have luck in finding a job. I think that being a new grad RN now is no longer just about passing NCLEX and holding an ADN or BSN in hand. It's about who you know, EXACTLY WHAT YOU KNOW, how you present yourself, being able to look like a better applicant, speak like a better applicant, and interview like a better applicant, than the next person. It's about researching the job market for current Nursing students, realizing what you're up against, and planning accordingly.
As an example, I will be graduating in 2013 with my BSN from ASU. New grad jobs are hard to find in Phoenix. My husband and I are holding off on doing any house buying or starting up his own business yet, because I have stressed the importance of just how likely it is that we may need to move out of this city or even state.
The ship has not sailed, but the economy is in the tank, which affects all jobs. In 10 years, some of the RNs that have held off on retirement will finally need to retire. New grads will have jobs. They will find jobs. It may not be the perfect job, but there will be jobs out there, and there are right now.
Perseverance is weeding people out though, and I believe there is kind of a "survival of the fittest" going on right now in terms of new grads being hired.