I did hear some bad things about high energy theory at Washington, but I bet that's true about high energy theory in general
. It's no secret that it's one of the hardest fields to get into, to get funded in, and to get a job in.
I also heard at the visiting weekend that of the four graduates in high energy theory this year from UW, two got post-docs. The other two are apparently dragging out their graduate work for another year and hoping for better job prospects later.
I do wish you guys the best of luck, though. If that's what you're into, it's what you have to go for. Someone will always beat the long odds, and it could be you. I guess that's what we all hope for with careers in academia.