BEIJING: Jenny Bai was among 10 high-performing computer science students from different Chinese universities selected by a Beijing-based Internet firm for a job upon graduation, following four rounds of arduous interviews.
A cohort of graduates larger than the entire population of Portugal is about to enter one of China's worst job markets in decades at a time when youth unemployment is already more than three times China's overall joblessness rate, at a record 18.4 per cent.
"This year is a low point, the lowest I’ve seen," said Zhang, who has been a recruiter for two decades. A regulatory crackdown prompted many of China's tech giants including Tencent and Alibaba to make massive job cuts. New hiring is slow. A human resources manager at a Tencent business unit, who asked not to be named as they were not allowed to speak to the media, said they were looking to hire"a few dozen" new graduates, compared with about 200 a year previously.
Just find a job to do. Graduates are everywhere, it is nothing special anymore. Your worth is to gain experience and then slowly look for better opportunities.
Lots of jobs in farms
Jenny Bai would probably end up being hired in Singapore or overseas. Expect brain drain. Also expect a lost generation that may grow disenfranchised.
一毕业就失业。他们可以天天歌颂习近平，看习大大可以给他们些什么吗。党会帮助他们的。
Well, they can always apply as cannon fodder for Xi Jinping's military.
With masks on.
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Source: STForeignDesk - 🏆 4. / 71 Read more »