A study examined the patterns of schooling and employment reported by noncollege-bound high school graduates between June 1980 and March 1986. Data were obtained from the High School and Beyond (HSB) study extrapolated from a sample of 6,030 graduates who did not enter college in the fall of 1980. The sample had a higher minority population (25 percent) and was somewhat below the HSB average in socioeconomic status; the sample had about equal numbers of males and females. For each month and quarter during the study period, graduates were classified as follows: (1) neither working nor in school; (2) working but not in school; (3) in school but not working, or (4) working and in school. The study found that about 39 percent of the youth were neither working nor in school at the start of the period, but only 20 percent were in this category 6 years later. The study also found that 60 percent of the youth were working but not in school in 1980, increasing to 71 percent by 1986, and that the percent of students in school but not working went from .2 percent to 2 percent in the time frame. Students who were both working and in school increased from less than one-half percent to 7 percent during the 6 years. The most striking finding was that 20 percent of the youths were neither working nor in school 6 years after high school graduation, with this state more common among females than males, and among Hispanics and Blacks than among Whites. However, only a small fraction of the sample could be classified as "underclass." The study also concluded that high school program and test scores made little difference in the positions of graduates 6 years later. An emerging pattern of students being both in school and working, with both delayed college entrance and prolonged attendance, was noted. (KC)