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People born after 1995 delaying employment
By:Zheng Qian  |  From:english.eastday.com  |  2019-12-10 17:39

Amid the current turbulent international economic environment and the domestic economic transformation, the number of Chinese college and university graduates who choose not to find a job or delay employment is increasing.

Data collected from the Shanghai Municipal Education Commission also reflects such a trend among the 2019 college and university graduates in Shanghai. Taking the East China University of Science and Technology as an example, 1,684 Bachelors degree holders chose to undertake further studies to receive postgraduate education, accounting for 44.44% of the total number, an increase of 0.1 of a percentage point from 2018.

Regarding such a phenomenon, Peng Xizhe, a renowned population expert and director of the Research Center for Population and Development Policy of Fudan University, explained that as China's population structure has been changing, the labor force structure has also been transformed. The employment difficulty for college students will be a long-term situation.

Peng listed statistics to illustrate his opinion. In 2019, the total number of Chinese college graduates is 8.34 million, while the population of the same age period dropped to 16 million. In other words, among young people of the same age, the number of those getting a university certificate is now exceeding that with no such certificate. Currently, China’s labor market still requires a large number of manual laborers and service personnel in the tertiary industries. Since too many young people have entered universities and are not willing to take up these jobs after graduation, there is an imbalance between what society needs and what graduates want.

However, in Peng’s words, the current graduates, who were mostly born after 1995, are quite open-minded about starting a career, with some opening an online store, some becoming a live streaming host and some turning to be a shared taxi driver. Therefore, recessive employment forms, as Peng called these new occupations, are emerging.

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