I'm in the same situation - but its more of a psychological hurdle to apply to places that want X years of experience, when all I have under my belt as a soon-to-be new college grad is summer internship experience. Just be vigilant on craigslist and sites like SimplyHired and Indeed. There are tons of opportunities available and your net may simply have to be cast wider.

Oh, also - check out http://www.ventureloop.com for culling startups. I've found that these small companies have a ridiculously fast callback rate.