From what I understand we are in a bubble right now. The economy has caused older nurses to postpone retiring, and has put many hospitals in a bind where they are in hiring freezes for all nurses, not just new graduates, despite being understaffed. At least that's what the case here in PA.
I'm in the same position as you right now, I passed boards and can't find a job. At first I wanted to stay local, but after about 80 applications all around the world (I even applied to some jobs in Australia), I've decided the first place that offers me a job will be my new home.
As for where there seem to be more jobs, I've had luck out in the mid-west (Texas, Oklahoma, etc.) more so than either coast area. Good luck and I hope you find a job soon!