Here's what I'm doing, and perhaps you can do this
too.

Pick a language...like say...Java.  Get a good
algorithm book and develop some simple programs that
show these algorithms (ie sorting, searching,
recursion etc...). Develop small applets to show on a
job interview.  

Along with these applets, write up a diagram and
pseudocode to explain what the algoritm does. In case
of Java, draw some simple UML diagrams to show the
relationships between your classes.


Understanding some basic algrithm concepts helps in a
lot of ways.

1. Algoritms exist because some programmer from the
past has solved some particular problem - you don't
have to re-invent the wheel.

2. Understanding algoritm gives you a deeper
understanding how programming really works.
Control-flow statemetns, functions and proceedures are
related
somehow.  Algorithms are a great example of how these
programming pieces fit together as a whole.

This suggestion probably won't land you a job right
away, but you have to love programming.  When you go
to an interview, they will most likely sit you down on
a computer and program something.  Knowing some basic
algorithms can help.

You can use this as 'experience.'

=====
Thanks,
Alpha Zenon Sanchez

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