Even though there aren't a lot of advertised positions in your city right now, there are still jobs that are being filled. Writers call this the "hidden job market" and you'll need to be in the networking pipeline to reach these.
"Scientists coming from academia will rapidly separate themselves into two camps: those who take the advice of their mentors and proceed cautiously, and those who use their internal motivation, creativity, and a lot of hours to tear up the track."
If you are on the job market, I can assure you that you will be "referenced" in the near future. Now is the time to start gathering people who will be on your side throughout the process.
Failure is a part of succeeding, and if you are regularly shooting down your ideas because you are worried that they may fail, you are only costing yourself wins.
Whether you are positioning a product for sale or interviewing for a job, the following "rules of promotion and influence" will have a great deal to do with your failure or success.
Whether you bill your work or simply want to know where to squeeze in more job-search networking hours, keeping a journal can help you discover your own personal "time wasters."