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Amid record high unemployment, can China employ all of its graduates?

Over the next few weeks, China will churn out a record 10.8 million college graduates. Finding them jobs is proving to be an unexpected headache for President Xi Jinping's government

Increasingly, new college graduates are hoping that the government can provide their first jobs and state-owned enterprises are the most highly desired placements. (Photo: Bloomberg)
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Increasingly, new college graduates are hoping that the government can provide their first jobs and state-owned enterprises are the most highly desired placements. (Photo: Bloomberg)

Shuli Ren | Bloomberg
Over the next few weeks, China will churn out a record 10.8 million college graduates. Finding them jobs is proving to be an unexpected headache for President Xi Jinping’s government, which has been struggling to contain Covid-19 outbreaks with citywide lockdowns.
 
Prospects are so dire, some universities have been urging seniors to delay graduation. Students complained to Caixin that they were not allowed to defend their thesis unless they had found a job. Some were forced to declare they would be “self-employed,” just so they could get their diploma. As of April, less than half of the graduating class had

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First Published: Jun 20 2022 | 9:51 AM IST

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