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The current condition of the job market for new graduates emerging from the cocoon of residency or fellowship training programs remains good, according to the detailed, informative, and reassuring report by Gratzinger et al, summarizing the job market surveys from the past 5 years of the College of American Pathologists (Northfield, Illinois), in this issue of the Archives. Newly emerging pathologists who are spreading their wings, residents and fellows maturing in their training ecdysis, and aspiring candidate caterpillars preparing to enter the profession, not to mention the training programs and the academic and private pathology communities, can all take some comfort from the current snapshot of the past 5 years. There appears to be a stable and balanced supply and demand condition, suggesting that the immediate future, at least, looks promising. Reporting the annual job search surveys of the College of American Pathologists’ junior members and fellows in practice 3 years or fewer who have actively searched for a non-fellowship position indicates that the job market in our specialty has maintained a steady course, with a zero net slope. Although most respondents had accepted a position at the time of the survey and were satisfied or very satisfied with the outcome, they did report that the search was not easy, and the experience was more difficult still for international medical school graduates.