Career tips for out-of-work college grads

I graduated from Penn State with a finance degree in 2002, just eight months after Sept. 11.

Jobs on Wall Street and in the financial industry were scarce...less so than now, but I remember it was no fun time to enter the workforce. So, fearing rejection I did what many of my scaredy-pants classmates chose to do: duck inside grad school and wait it out.

Now as college students finish up their degrees this month, it's like deja vu times ten. The Atlanta Journal Constitution recently mentions how companies plan to hire 22% fewer new college grads this year, citing The National Association of Colleges and Employers.