I can tell you for a fact that if you have no experience in engineering, you're not getting a job right now.
I was unemployed for a full year (entered OCS the very day I got laid off one year later) and searched around for every kind of job I could find in engineering and even outside of engineering. I had 3 years of experience working on 3 major commercial space satellites and I was going up against guys who had YEARS of experience. So it made my 3 years of awesome experience look like I had been playing with legos in the sandbox compared to other people.
Nothing is a sure bet right now in this economy, so unless you have some awesome connections, falling back on your degree mainly because of what it is, isn't a safe bet. And I'm an Aerospace major too, so yeah.....