The Employment Situation for New Graduates This Year Is Grimmer than That of Last Year
According to official and third-party data, the number of graduates in 2020 will reach 8.74 million, and the employment situation is even grimmer than that of last year. Zhang Ying, director general of the Employment Promotion Department of the Ministry of Human Resources and Social Security, said that 2021 graduates will soon enter the job market, but many 2020 graduates are definitely looking for jobs. The unemployment rate for people aged 20 to 24 with at least a college degree, mainly new graduates, is still 4 percentage points higher than a year ago, although the unemployment rate fell slightly in September from August, the National Bureau of Statistics said. Zhang Ying said the government will continue to increase policy support, including expanding recruitment of SOEs. She also pointed out that the public sector has absorbed 2.8 million graduates. According to a report on the prospects of new graduates in China, the number of recruits in the consumer goods industry, manufacturing, software and information technology services has significantly decreased due to the COVID-19 epidemic. LinkedIn and Center for China and Globalization released Chinese Graduate Career Development Prospects 2020 on Thursday (29). The report points out that the health care, distance education and the legal sector are less affected by the epidemic, and the number of recruits has remained relatively stable. In addition, there is a shortage of talent in the fields of transportation, logistics, media and education.