Job prospects grim for China’s 7 million fresh graduates

China News

China Job When James Zhao, 23, read news reports last Friday claiming Renren, the “Facebook of China“, could be laying off three-quarters of the staff at its 3G technology department, his heart sank.

Having been unsuccessful in his job applications to several multinational tech firms, including mobile giant Motorola, he was hoping to have better luck with local companies like Renren.

“If even the local firms are cutting staff, then the hiring sentiment is getting from bad to worse,” Zhao told The Straits Times. He will graduate next month with a master’s degree in software engineering from a university in Beijing.

One key reason for his employment woes is the record bumper crop of 6.99 million fresh graduates – 190,000 more than last year – who will enter the job market this year. A sluggish economic recovery also dampens hiring prospects, with some state media calling 2013 “the…

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About OyiaBrown

Please send me, as a comment to this page, any old material you have for inclusion in The Daily Joke Alert - to help enable us all to have our fancy tickled regularly! Never mind the state it's in as I tidy everything up prior to publication. Don't let good material go to waste - and so much does. In the interests of the environment we should always try to re-cycle everything, especially jokes. You know that makes sense! You may find some historical stuff here, but this does not really matter as humor is fairly timeless.

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