China-Current Life and Traditional Culture by Orna Taub - HTML preview

PLEASE NOTE: This is an HTML preview only and some elements such as links or page numbers may be incorrect.
Download the book in PDF, ePub, Kindle for a complete version.

img7.png

img8.png

China's youth are more focused on iPods, designer jeans and buying their first car than political reform.Most of all they are worried about getting well paid jobs and a share of the new-found wealth that many Chinese professionals are enjoying as the economy surges ahead with double-digit growth.In today's competitive economy, the number of colleges graduates is keeping entry-level office salaries low, leaving many to worry about how they will ever be able to afford a home.

img9.png

img10.png

It is easier said than done. Last summer, China had to provide jobs for nearly 5 million college graduates. This summer, 5.6 million more are getting ready to move out of dormitories and into the job market.Often the first in their family to get higher education, these graduates of colleges and vocational schools have high expectations that are not being met despite soaring economic growth as there are more graduates than jobs in China.The average employment rate of recent graduates was 73 percent in autumn 2007, the China Daily said, citing Ministry of Education figures.

img11.png

img12.png