China Tells

It is estimated that there are three million college graduates in China who struggle to find a job (See Article from LA Times). Since 1999, China government has started to increase the enrollment of universities by 30% annually. A side effect of the enlarged enrollment is starting to be felt in the recent years. According to a latest estimate, there are about 20 million undergraduates enrolled into universities in 2008. However, whether the country can provide 20 million job vacancies by the time that they graduate is a big question mark. In fact, in some regions such as Canton province, a phenomenon surfaced that the employers are struggling to find any labor and are willing to pay a hefty premium for hard labors than college graduates. After all, maybe the country doesn’t need that many ‘educated’ professionals.

中国自从1999年开始大学扩招。从那以后，每年的大学毕业在就业市场上的折腾就成了一大难题。由于过于快速的扩招，每年总有一部分大学毕业生找不到工作，只能寻找其他出路，比如读研，出国，蚁居等等。现在的大学毕业生，在就业市场上的价值往往还不及农民工来的枪手。