Many an Economics major has graduated, taken a month to travel around a bit, decided life is too short to spend worrying about laws of diminishing returns, and became a pastry chef. Hey, it happens. All the time. The grace period has now officially passed, and with it, your confidence in getting a job with any type of future past the Christmas shopping season. The fall and winter after graduation can become especially miserable.
Depression sets in.
This is the period of time I like to call The Wonder Year. Funny enough, many of your friends find themselves wondering the same things. Especially about sugar-coated cereals. This is a rough period, to be sure. Slowly, one by one, your friends all get great jobs.