With much of the college class of 2008 taking the first steps into their professional lives, many were wondering before graduation how difficult it would be to land on some company's payroll. A recent survey of more than 400 of this year's college grads by Big Four firm Accenture found that 71% were concerned a weakening economy would result in fewer jobs being available upon graduation. Adding to their angst: Nearly two-thirds say they expected to graduate with student loans to pay off. If you're a part of the Class of 2008, congratulations on your accomplishments! And take Pongo's advice to help you land that first job.

In this business, we hear a lot of misconceptions about job-search strategies and tactics. It’s not surprising that so many of these myths are still floating around. Technology, cultural trends, and corporate values are changing faster than we can keep up. There are some common myths – and today’s realities – surrounding resumes, cover letters, and job interviews that you should know.