China has a record 10.76 million fresh college graduates this year, but the economy is under huge downward pressure due to Beijing’s draconian COVID-19 epidemic control. According to the government statistics, the national urban unemployment rate reached 6.1 percent in April, indicating there is tremendous unemployment pressure. Xi Jinping recently visited a college in Sichuan Province and expressed concern over employment issues.
The official Xinhua News Agency reported that Xi said that the employment data should reflect the real situation. “Some schools, while in pursuit of a high employment rate, falsify the data by coercing the graduates to sign an employment contract regardless of their will.” Xi
stressed, “We cannot fool the higher authorities, let alone the students.”
Source: Central News Agency (Taiwan), June 14, 2022
https://www.cna.com.tw/news/acn/202206140124.aspx