College Grads Will NOT Find a Job in China in 2006

China's Ministry of Labor and Social Security warned that about 1.24 million Chinese college students will graduate and NOT find jobs that require their field of study.

Altogether, 4.1 million students graduated this year, up 750K from last year.

However, only 22% of China's new jobs last year were for college grads. This was based on a study of 114 urban markets.  Continue reading...