I have an MBA, a teaching degree, and an AS in computer networking.
A few of the ppl that I went to grad school with don't have jobs right now.
I work - seriously - 4 or 5 part time jobs.  websites, music, writing, and more.
I can't imagine being dependent upon a single firm for your primary source of income in an environment where so many firms are closing.  I heard yesterday that cali had a 10% unemployment rate right now.  insane.