i am jobless too..they are just shopping around. Many companies out there is not willing to hire. I dont think they reject you cuz you are overqualified. I think they did find someone cheaper or maybe through insider connection. I was a contractor for this company for 6 months then later they gave me an offer(just a word of mouth) after negociation i accept it later that day they called me up to tell me that they need to discuss more with their superiors then one week later they hired DBA who is happened to be friend of CEO' girlfriend.
Anyone here work for TRW??