Two articles on college graduates/students in China recently came out in the NY Times.
There was this one from today, which says that college grads in China are turning down factory jobs, and that only 78% are employed, mostly because they want office jobs, and China doesn’t have many office jobs. According to the article, lots of grads turn down the jobs because these jobs lack prestige, or they’re seen as dead-end. The kids are able to turn them down because they’re only children with two parents to support them, thanks to the one child policy.
The other article, which came out a few days ago, is about how China is pushing to produce more college grads. This article sounded more hopeful, as it sounded like they were pushing to get college graduates in fields that the government was supporting. This could mean that there will be jobs when these kids graduate.
China’s current five-year plan, through 2015, focuses on seven national development priorities, many of them new industries that are in fashion among young college graduates in the West. They are alternative energy, energy efficiency, environmental protection, biotechnology, advanced information technologies, high-end equipment manufacturing and so-called new energy vehicles, like hybrid and all-electric cars.
Check out the pictures. One of the nice things about this second article is the hope that these kids have. In terms of financial success, that could be more than half the battle in the upcoming years.