Sandhya Krishnan talks about it, after having ‘written enough cover letters and resumes to reach the moon’:

Phase 3: ‘Everything happens for the best’

By now, it has been 3-4 months since your last working day. You have slowly begun to accept the fact that the job market really IS bad. You have also attended some job workshops, including those which have truck driver jobs on offer. By now your resume has undergone 2-3 drastic makeovers, all with the same results.

You put your chin up and decide this is when you will do what you always wanted to do in life, learn yoga, direct a play or fly a kite. People appear to be impressed and they convince you that once you achieve this and put that on your resume, you will be fighting off hiring managers.