To all of you guys complaining you can't get a job because of the economy, that's hilarious and more importantly, dead wrong. Sure, on an aggregate level, there may be 5 or 10 percent less jobs to go around, but on an individual level, those statistics are irrelevant. There will always be great jobs for top candidates, and elite candidates are recruited at just as high of a level as they always have been. I just graduated from a decent, not great, school. A state school with a top business program. 80–90% of us got job offers upon graduating, and if you eliminate the scrubs with sub 3 gpa, and the kids who chose to continue with schooling, the figure approaches 100%. This statistic is similar across all top business schools, and top academic programs in general. Very few kids who are decently intelligent and have been mature throughout undergrad end up with nothing to do, or working crappy part time positions. I myself wasn't close to the smartest at my school, but I was certainly focused on what I could get out of my degree, and with some hard work was able to get an entry level analyst job paying 140k in Chicago.
The post about Asian females was spot on. They are starting to take a big portion of the top finance and consulting jobs, although white and Asian males still are the most represented. At my school, these Asians usually had higher grades and superior technical knowledge, so it's no surprise they are strongly recruited.
In summary, the first thing the young and jobless need to do is accept the fact that what the government does has no bearing on your employment status. You don't have a job, or you have a shitty job, or you were beat out by someone else, because you were a mediocre candidate, most likely as a result of laziness. For those still in college, who want a decent paying corporate job, it's simple. Study hard, understand the recruiting process, get experience (internships), sacrifice a bit of partying, and have the perspective that you are in college primarily to further your career prospects and get a return on your expensive tuition - not to dick around.