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The problem is not just the economy, it's the education system. More schools of architecture, larger year sizes, lower standards, more help for struggling students, easier courses, the influx of new universities, and 'kevin mccloud culture' - which leads to a huge amount of factory farmed gradutes chasing few jobs. It's not just in architecture though its across the board, there are only so many jobs, so graduates of archtiecture need a reality check, they may do 7 years and not get a job. Get over it.