I think when an entry level position say 1 or 2 yrs experience required that means they want someone who has at least interned a bit, and who is really good 
Really good trumps years of experience for many design hiring managers.
When I put out a job opening on coroflot I think of it less as writing a spec for a product, and more of casting a net. The description refines the placement of the net slightly, but I still never know what I’m going to get back exactly. I’m really just trying to get someone who as skilled, intelligent and passionate as possible within a budgeted bracket. Years of experience on the job description are more of an indicator of budget for the position than anything else.