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Recent Graduates enter struggling job market

Updated: Saturday, 09 Jun 2012, 3:32 PM EDT
Published : Saturday, 09 Jun 2012, 3:32 PM EDT

INDIANAPOLIS (WISH) - June marks the month of graduations for many in high school, but as these graduates mark the beginning of a new chapter, they're faced with a tough road ahead.

Saturday morning marked the culmination of their high school careers at Fishers High School. Now their focus shifts to the future and lot of times that means a summer job. “Currently I'm coaching kids in tennis that's my summer job right now and other than that I'm just chillin’ trying to get ready for college,” says Shamyl Tufal a recent Fishers High School grad.

Shamyl Tufal is in the minority. According to the Federal Bureau of Labor Statistics last summer only 49% had jobs, the lowest since post World War II. “Not a lot of my friends have jobs, but they've been looking and I do believe that it's kind of hard to get jobs, but I luckily have a coach who needed my help,” says Tufal.

High School grads point to college students as a reason why it might be harder for them to find work. “There's a lot of students coming back from college and they take their old jobs and they usually get rehired and everything so it's harder for us to get jobs then,” says Sierra Jackson who found work as a nanny.

Research shows, 40% of recent college grads are in jobs that don't require degrees. Also in the past year unemployment for grads under 25 is at 8.5%. That’s a far cry from the 5.4% it was prior to 2007. For some students they took these statistics to heart. “I leave for Navy boot camp on June 27 th,” says Ariel Baranovsky who just graduated from Fishers High School. “It guarantees a career for almost like the rest of my life. It's a lot of job security plus its insurance, its dental plan it’s everything that I can extend to my family in the future.”

Friday morning President Obama addressed the economic issues. He's urging congress to move forward with ideas he recommended to help create jobs. Obama also stated that the European market needs to stabilize to help with economic growth.

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