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2013 College Graduates Face Tough Job Market

According to the Ministry of Education, 6.99 million college graduates will face a tough job market this year. The number of graduates is 190,000 higher than the number in 2012 and one million higher than 2009. 2013 graduates will compete with 25 million people who are looking for employment in the country and urban regions where the demand for college graduates continues to decline due to a number of changes in industrial structure and a decline in the export market. Among all the professions, there has been a slight increase in demand in the medical profession and in the consulting, business, travel, culture, and sports industries but the demand in steel, machinery, mining, energy, and architecture is shrinking.

Source: Xinhua, April 11, 2013