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China / Jobless graduates may exceed 3 M

Over 3 million graduates in China are struggling to find jobs this year, according to a report on China’s social security, released on Sunday.

With nearly 7 million graduates this year, and adding on the unemployed students from previous years, the number of graduates struggling to find jobs before leaving school is estimated to have reached over 3 million, said Wang Yujun, from the Ministry of Human Resources and Social Security, at a press conference for the “2012 China Social Security Reform and Development Report”.

The report also said that delayed retirement is not a viable option at present, as the current conditions are insufficient.

Chosen excerpts by Job Market Monitor. Read the whole story at 

Capture d’écran 2013-08-05 à 07.58.33

via Jobless graduates may exceed 3 million this year – Xinhua | English.news.cn.

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