The Kubera Principle

The Book That Will Change the World

The year 2023 marks a challenging time for college students in China, as over 10 million of them are expected to face unemployment upon graduation. This situation is not only caused by the current economic recession but also by the increasing number of college graduates. In this challenging job market, many college students are facing the toughest job season of their lives. Today, we’ll dive deeper into the reasons behind this phenomenon, and explore the challenges that these young graduates are facing in their job search. Stay tuned till the end to know more about it. .

According to the latest statistics released by China’s Career Development platform Julian Recruitment, the 11.58 million Chinese college students graduating in 2023 are facing the toughest employment season in history. The contracting rate for engineering graduates, which has traditionally been high, is only 17.3 percent, while the contracting rate for liberal arts graduates is as low as 12.4 percent. This indicates that many graduates may become unemployed upon graduation. In the past two years, more and more young people, including college graduates from just a few short years ago, have joined the unemployment army. One such individual is a former 201 Key University student who has been unemployed for almost two years. In her third year of college, she attended a spring job fair, wrote a one-page resume, and sent it to well-known companies.

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