Finding a Job

Why is it finding a job is so hard? Yes the Economy, blah blah blah blah… I mean it took me almost 8 months to find my current job after I graduated and the economy was "booming" then.

The reason I bring this up is I talked to a good friend who moved out to LA, and he can not find a job. He's a hard worker, a great guy and did I mention he graduated top of his class from Villanova University. He got two years of work experience working at two PR firms in Philadelphia. And despite all this no one will give him a chance. He has work experience, he has a degree, he's small, and so what’s the problem? I can’t figure it out.