Faltering Economy Dims Job Prospects for Chinese Graduates
By Keith Bradsher
Published June 16, 2013, in The New York TimesÂ
A record seven million students will graduate from universities and colleges across China in the coming weeks, but their job prospects appear bleak â the latest sign of a troubled Chinese economy.
Businesses say they are swamped with job applications but have few positions to offer as economic growth has begun to falter. Twitter-like microblogging sites in China are full of laments from graduates with dim prospects.
The Chinese government is worried, saying that the problem could affect social stability, and it has ordered schools, government agencies and state-owned enterprises to hire more graduates at least temporarily to help relieve joblessness.Â Read the full story.