Monday, June 11, 2012

Record numbers of Chinese graduates compete for jobs


 


Record numbers of Chinese graduates compete for jobs

Statistics showed that about six million students will graduate from universities and colleges next year and some 800,000 of this year's graduates are still awaiting job offers.

A record 6.8 million Chinese students, most of them born in 1990, will graduate from college this summer.

Four years ago, they were chosen by their schools out of 10.5 million students, the highest number of high-school graduates to ever take the college entrance examination. Now, each of them is faced with an unprecedented large number of graduates in their fight for jobs. There have also been recent media reports that the salaries of some college graduates are smaller than those of laborers.

Vice Minister Zhang Xiaojian said the graduates would face severe challenge in job-hunting due to the global financial crisis.

"It's significant to the social stability of helping the graduates to get employed," Zhang said.

More job opportunities in less-developed central and western parts of China will be offered to the graduates, he said.

Nationwide job fairs and online recruitments will offer more than 520,000 job vacancies for the graduates.

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