This report summarizes trends in the job search experiences and employment outcomes of 1993-1994 physics graduates at all degree levels. Data were gathered via the American Institute of Physics' Employment Survey. Type of position secured in terms of permanence, fields of permanent employment, and level of utilization is reported for doctoral and masters degree recipients. Employment outcome by subfield of study is also reported for doctoral graduates. A higher percentage of physics PhDs secured potentially permanent positions than in previous years, but the number of new entry-level positions for PhDs dropped. Post-degree outcome, success rate of various job search methods, number of new hires in various employment sectors by gender, median starting salary by employment sector, and level of training and skill use are reported for bachelors degree recipients. Six months after graduation, the number of bachelors still seeking employment had dropped. Bachelors reported similar starting salaries to previous years. Post-degree plans of doctoral recipients in astronomy are also reported. (JPB)