Reddit is one of my favorite forums. (More information here.)
Recently, a thread caught my attention; it started with the question "Which degrees/certifications (in which fields) will produce the best return in terms of employment and income?" The person who initiated this discussion had dropped out of an English degree.
There is good discussion, back and forth, about the match between English and employment. Once again, it becomes pretty clear that you need to do the extra legwork to identify prospective employers and skills that will make you marketable.
In other words, to answer my own question: "No, an English degree will not get you a job." However, it can be a very solid platform upon which to build your own distinctive set of skills and abilities into a marketable package.