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Young Chinese take part in postgraduate entrance exam

(CFP/Xinhua)
Updated: 2009-01-10 20:41

Applicants walk into exam rooms to take part in the entrance exam for postgraduate studies at a university in Nanjing, east China's Jiangsu Province, January 10, 2009. Nearly 1.25 million Chinese applicants have signed up for the two-day entrance exam this weekend. [Xinhua]

"It is not very easy to find a job even with a master's degree, without one will be even tougher. Many employers just did not want a college graduate," Xu said. "In addition, the employment market may be better in next two years."

China began expanding its university recruitment in 1999. It is expected to hit 6.1 million this summer, 10.9 percent more than last year, according to the Ministry of Human Resources and Social Security.

Just when the number of educated job seekers increased, employers were offering fewer jobs, especially in industries at the front line of the global financial crisis.

According to a December 2008 report from www.51job.com, a job seeking website, the number of jobs at banks and security firms dropped by 12 percent between July-December. In the third quarter last year, openings at  real estate companies reduced 6 percent from the second quarter.

"Much fewer small and medium firms, which used to take in many graduates, came to the campus to recruit graduates," said Wang Er'xin, official with the employment service office of the Guangzhou-based Sun Yat-sen University.

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