China’s recent graduates face tougher job market

Global Business

China's recent graduates face tougher job market

June is a graduation season, and the last shot for job hunting. As the number of graduates rises, graduates nationwide are facing shirking employment demand and fierce competition in job hunting.

CCTV’s He Weiwei reports.

China’s recent graduates face tougher job market

China’s recent graduates face tougher job market

June is a graduation season, and the last shot for job hunting. As the number of graduates rises, graduates nationwide are facing shirking employment demand and fierce competition in job hunting. CCTV’s He Weiwei reports.

7.6 million is the number of college graduates in China this year, making it recorded highest. Meanwhile, China’s GDP growth in the first quarter of this year fell to 6.7 percent, the lowest figure in 7 years, indicating a hard season for job hunting.

According to one of China’s biggest recruitment websites, employers’ recruitment demand only grew by 4 percent in the first quarter of this year, far less than the 19 percent in the same period last year.

A report issued in April by the China Institute for Employment Research, said that Internet-related industries and finance are among the best job markets. Energy and traditional manufacturing are now at the bottom.


Wang Yan discussed more on employment of college graduates in China

CCTV America’s Rachelle Akuffo interviewed Wang Yan, director of National Institute of Educational Sciences of China, about current employment of college graduates in China.