Terrifying job market looms for grads

With graduation looming, students face the challenge of entering the real world, hoping to find success in their endeavors. Recently, the real world has not been as rewarding as most may hope.

The reason that things are more difficult now than they were a few years ago is the job market, or lack thereof.

Most students find that once they are out of school, they have the daunting task of paying off inordinate amounts of loans, as well as sustaining their own living situation. One would assume that this would be achieved through securing a job.

According to an article by CBS News, only one of five graduates in 2009 had a job secured at the time of graduation as opposed to nearly half of graduates in 2007.

To put things into perspective, out of approximately 2.3 million graduates in the class of 2009, only 460,000 had a job secured. That means 1.84 million graduates were facing a job market that is among the toughest that anyone has seen in recent memory.

In the face of extremely negative employment, many students seem to opting for more school. Some are aiming towards grad school while others are opting to return for another undergrad degree in hopes of gaining a foot up on other graduates.

“I’ve talked to professors and they all say the same thing,” recent graduate Jessica Piperis said in an interview with CBS’s Katie Couric. “You know, you just have to persevere. Keep going, keep applying. You’re much more marketable working.”

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Piperis is one of the many recent college graduates that have been forced to take a more remedial job that is typically associated with a college or high school student’s summer job.

While beggars can’t be choosers, it makes one question why they spend extravagant amounts of money to result in a job that doesn’t require much more than a high school diploma.

School can cost, on average, $7,020 to $26,273 per year for a four-year degree at public and private institutions, respectively, according to the CollegeBoard.

The key to getting a job is to keep applying. Unfortunately, people may have to venture outside their comfort zone and delve further into the realm of job possibilities.

Being willing to work hard to just get your foot in the door may be a hard sell, but at this point it seems to be the only way to get in line for a decent job.

Regarding the state of the countries economy, one can assume that this trend will continue for 2010 graduates. It’s simply a matter of time before students can begin to hope for a fruitful job market.

Right now, the market brings into question the very reasons that students go to college. The basis of obtaining a higher education is to obtain a high-paying job tailored to your academic studies. Today’s reality shows that these jobs are few and far between and any job is acceptable in a time like this.

Students just need to stay strong, find a job that will help them crawl out from underneath the immense load of student loans and keep pursuing their desired careers. Even though it may take awhile, it is bound to work out at some point. Hopefully.