'This Week' Transcript: Tim Pawlenty and Mitch Daniels

O'BRIEN: Huge story. This is a bombshell. Indiana Governor Mitch Daniels has announced he will not run for president in 2012. Yeah, Daniels reached the decision after early polling determined that even he didn't know who Mitch Daniels was.

FALLON: President Obama is on a big European trip this week, and I heard that he's sleeping at Buckingham Palace when he visits England. That's when you know the U.S. is short on cash, when even Obama's like, "Hey, is it cool if I crash at your place? No, couch is fine, couch is fine."

(END VIDEO CLIP)

AMANPOUR: And when we come back, what does it take to land a job in this climate? We'll connect people who need a job with some people who could offer them, in a moment.

(COMMERCIAL BREAK)

(BEGIN VIDEO CLIP)

WASHINGTON: You will fail at some point in your life. Accept it. You will lose. You will embarrass yourself. You will suck at something, there's no doubt about it. And I know that's probably not a traditional message for a graduation ceremony, but, hey, I'm telling you, embrace it.

M. OBAMA: As you climb those career ladders, just remember to reach down and pull others up behind you.

(APPLAUSE)

That's what so many folks have done for you all, and now it is your turn to repay the favor.

(END VIDEO CLIP)

AMANPOUR: And so the caps and gowns are put away and the real work of finding a job begins. And I'm joined now by four members of the class of 2011: Stuart Watkins of Louisiana State University; Savayia Singh of the University of California at Berkeley; Melech Thomas of Howard University, right here in D.C.; and Lauren Kiel of Harvard.

And I'm also joined by two business leaders, Doug Imbruce, who's the founder and CEO of the Internet start-up Qwiki, not so many years from his own commencement day; and Mort Zuckerman, chairman and founder of Boston Properties, publisher of the New York Daily News, and editor-in-chief of U.S. News & World Report.

Thank you all for joining us. And we're going to get some wisdom from all of you.

But first I want to start, Savayia, with you. You're graduating. What are your prospects for a job? What are your chief concerns right now?

SINGH: Well, my chief concerns is, honestly, finding a position that I can use the valuable skills and knowledge that I've acquired in the last four years.

AMANPOUR: So what's happening? Do you have a job prospect out there?

SINGH: I -- unfortunately, I do not have a prospective job. I have definitely put myself out there, applied to as many positions that I would like to eventually work in, but I don't have any job offers at the moment.

AMANPOUR: Are you afraid?

SINGH: Oh, I'm terrified. I -- again, the anxieties (inaudible) not having a secure future are very just all over the place right now.

AMANPOUR: And, Lauren, you went to Harvard. Many people think that that is an automatic entry into a great-paying job. What are your prospects right now?

KIEL: So I've actually decided to postpone my job search for another year and go to graduate school next year.

AMANPOUR: And like all of you, Stuart, I guess you're probably burdened by quite a lot of debt, student loans.

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