The news isn't good: Fidelity Investments this week announced its second round of job cuts, NEC is cutting 20,000 jobs and Motorola just shed 4,000 workers. But despite the doom and gloom, some companies are indeed hiring. As the optimists say, the sun is always shining somewhere.

Here are a few ways you can use online tools and social media to find a position that suits your needs, and puts a few bucks in your wallet.

Get networked. Take the time to build your online networks, both social and professional, using tools like Facebook, Twitter and LinkedIn, suggests LinkedIn's own Mario Sundar.

Use social-media megaphones. There's no shame in looking for work. Let folks in your networks know that you are looking for a job, says Sundar. Write about your job search on your blog, if you have one, and Twitter about your search.

Research smarter. Check out specific companies to target via research tools like this one from LinkedIn, which allows you to network with specific people at the companies you might want to work for, Sundar says.

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