Job Market Severe for China's 6.9 Million Graduates NTDonChina

China's college graduates face a complicated and tough job market, the country's Education Minister has warned.

Deputy Education Minister Du Yubo said in Beijing on Wednesday that China's slowing economy, an increase in graduate numbers, as well as systematic issues, have all led to a situation that has entered a, quote, "critical" stage.

According to Du, China will have a record 6.9 million new college graduates this year. That's 190 thousand more than last year, but they'll be competing for a smaller job market. Five hundred companies surveyed by the Education Ministry say they are planning to cut open vacancies by 15%.

There is a slight increase in demand for doctors, tourism and electronic services. But needs for professionals in mechanical engineering, mining, natural resource extraction and construction are dropping. That's likely the result of China's cooling economy, which has traditionally been reliant on manufacturing and infrastructure development.


Thumbnail: Unemployed Chinese graduates from British universities attend the LSE Beijing Career Fair as they search for jobs offered by foreign companies in Beijing on September 3, 2012. (MARK RALSTON/AFP/GettyImages)

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Job Market Severe for China's 6.9 Million Graduates
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News & Politics	Upload TimePublished on 12 Apr 2013
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