Employment prospects are looking increasingly grim amongst many “post-80s and 90s” university graduates and students across the country according to a recent report by the Chinese Academy of Social Sciences.
The CASS Blue Book of China’s Society revealed that only 76 per cent of 2012 graduates had been able to find jobs, Caijing reported on Monday.
The CASS conducted a survey on 2,000 students and graduates from 12 colleges and universities across China.
When asked about their outlook on jobs, only 30 per cent of university students felt they would be able to find work successfully and most students said they lacked confidence in the job market.
Even among those who have found work, job satisfaction has been low, with about two-thirds of 2011 graduates claiming to have worked at least 1 to 2 different jobs since graduation. Job hopping has become commonplace, according to the report. Only 1.6 per cent of university graduates felt satisfied with their employment situation.
Analysts believe satisfaction among graduates is linked to home ownership and marriage, as those in this category reported higher levels of personal satisfaction.
Choosen excerpts by Job Market Monitor from
China / 8 percent of the 7.58 million graduates students who graduated in 2011 have not yet found jobs
The millions of college students who graduate in China each year now face this hard reality: a college diploma no longer guarantees a good job. According to a Hong Kong economist, there is no easy fix, as structural problems with China’s manufacturing-based economy limit the need for higher education. Educators, analysts, and the state-run press … Continue reading »
Cao Bin’s dream job in China’s officialdom befits anything but the popular image of a tea-drinking bureaucrat reading newspapers in an air-conditioned office, or dozing off at long meetings. Instead, the postgraduate at China Foreign Affairs University has applied for a position with the China Earthquake Administration. If successful, the job will catapult him into … Continue reading »
More than half of college students who will graduate next year are willing to accept a monthly salary of less than 4,000 yuan ($638), according to a survey released on Saturday. The survey, conducted by renren.com, a popular social networking website which launched its job-search service for graduates in July, ran from Aug 21 to … Continue reading »
China – Half of this year’s record high 6.8 million new college graduates are still struggling to find jobs
Hang Peng, Beijing, said, “This bachelor degree certificate used to be a magic key for Chinese grads to a high-paid job. But now, for many of them here, its really little more than permission to rent a bed in a job-seekers’ dormitory. This is a three-room apartment. But it’s been transformed into a crowded dorm … Continue reading »