News 12 at 11, May 7, 2009
AIKEN, S.C.---Graduation day is a memorable one for most students, but for some it also comes with a lot of worry, especially in today's economy.
An all-time high number of young adults are graduating college this spring, more than 1.5 million. That means more competition in this economy, leaving some grads with an uncertain future.
"I do not currently have a job but I have been looking for some time, maybe six months," says Benjamin George.
George has applied about 50 places so far. He'll work as a server until he gets a job in his major, business administration.
"Most of the employers I've spoken to say I'm qualified, but they were laying people off, that's what I heard a lot of," said George.
The National Association of Colleges and Employers says companies plan to hire almost 22% fewer graduates from this year's class compared to last year.
"You expect once you're about to graduate you expect to find jobs or have a job lined up," says Cheryl Parker, who doesn't have a job, either.
After graduation she will live with her mom until she can afford her own place.
"I really hope she can help me out and I know she'll be my supporter," says Parker.\
Not everyone in the class of '09 is in the same shoes. April Blackwood landed a job after looking for more than a month.
"Extremely fortunate. I know a lot of my friends who have better grades and are still looking so I'm extremely happy," she said.
According to NACE about half of employers they surveyed say they're not sure of how much hiring they'll do even in the fall.