Understanding China, One Blog at a Time

An American in China

So Many Chinese, So few Jobs

Posted by w_thames_the_d on December 18, 2010


on Chinese unemployment
” “At the same time, the unemployment rate among college-educated Chinese youth is rising. According to a recent paper from the National University of Singapore, 30% of the 6 million graduates who enter China’s job market each year can’t find work. The number of applicants for public servant jobs, for instance, surged from 87,000 in 2003 to 1.4 million in 2009, according to official data.”
http://money.cnn.com/2010/12/17/news/international/china_labor_shortage.fortune/?section=magazines_fortune

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