Yeah. And it's not like there's much of a rush to get to the job market. I've already gotten one 'we've decided to suspend this search' email - I'm sure I'll probably get more (which will magically transform from 'suspended' into 'abandoned' as the economy turns bad).
Yeah. Programs that can should honestly try to retain their graduate students. My appointment ends at the end of the semester, and after that it's <gestures at empty space>. Don't send any graduate students out into that if you can avoid it.