1) The job market right now is great.
2)Not as much as you'd think for, for a couple of reasons.
-If you want to stay in the area, there's nothing better than a 4-year job interview.
-Community-trained residents are often sought after for Ivory tower fellowships because they know you can handle the clinical volume. A lot of high-level residency programs are known for coddling their residents and letting the fellows do the work. So if you go to a community residency but still want the name on your CV, its totally possible.