SEVP confirmed that the unemployment provisions of the regulation do not apply to any periods of unemployment before the effective date April 8, 2008. The 90 day "clock" starts on April 8, 2008.

This means, if we do not find job by July 8, 2008, then we will be out of status. I am happy to know that I am not automatically out of status after being in US for 5 yrs. Atleast we have time to join Master.

Source:

http://www.nafsa.org/regulatory_information.sec/29_month_opt_rule_updates

Goodluck.

yea, that is true...i am happy that  they still don't have a rule which says "You are out of status the day after you graduate and that you should plan on leaving the US on the same day you graduate". Not to mention, "Thank you for spending thousands of dollars in our education system" as a footnote.

thanks sajhafan for reminding those who were thinking that this rule does not apply to those of us who got their opt before april 8th...now we know it does!