Yep, spent the last year job hunting after foolishily going back to uni to do a postgrad journalism course - hit the magazine job market about three months into a panic period where the big publishers were laying off more people than they were taking on.
I'm freelancing at the moment, but still very much looking for full time work, and I couldn't agree more - it is a righteous pain in the arse. I have a very low bull$h1t tolerance level too, which makes filling in some of the forms a pretty irritating experience.