Struggling Chinese graduates return to hometowns as job market sags

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Struggling Chinese graduates return to hometowns as job market sags
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BEIJING :A growing number of Chinese graduates are abandoning the bright lights of the country's mega-cities, with state media reporting almost half are returning to their hometowns within six months of graduation amid a sagging job market.Feeling the pinch of rising housing costs and a slowing economy, the j

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BEIJING :A growing number of Chinese graduates are abandoning the bright lights of the country's mega-cities, with state media reporting almost half are returning to their hometowns within six months of graduation amid a sagging job market.

The numbers varied by region, with 59 per cent of graduates in the well-developed east heading home. That compared to 44 per cent in the west and just 24 per cent in the northeast rust belt. Zhang's parents are paying her monthly rent of 2,600 yuan for a 12-square-metre room with a shared kitchen and bathroom.

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