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June 3, 2010

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Home » Metro » Education

City is big draw for job-seeking college grads

SHANGHAI was the second biggest destination for people who graduated last year, just behind Beijing, a new survey shows.

Four municipalities, Shanghai, Beijing, Tianjin and Chongqing, and provincial capital cities, were graduates' favorites.

Nearly half of recent graduates wanted to work in those big cities if they had the choice, said the Report on China's Graduates in 2009, released yesterday.

The report was based on a survey conducted by MyCOS, an evaluation institute on education.

About 86.6 percent of graduates signed contracts with employers, and 9.4 percent are still looking for jobs. That's a higher percentage of employment than what last year's graduates experienced.

Those who studied in the Yangtze River Delta region, such as Shanghai, Zhejiang and Jiangsu provinces, posted the highest employment rate across the country, according to the report: 89 percent.

Law major students had the lowest employment rate: 82 percent. They have topped the unemployment rate list for the past three years.

Economics majors received the highest average salary: 2,498 yuan (US$366) a month.

Due to a recovering economy, salaries for new graduates averaged 10 percent higher than in 2008,

However, graduates only possessed half the skills and knowledge their work required, found the report. And employers felt less satisfied with the graduates' working abilities compared with earlier classes.

About 25 percent of non-local graduates in low-paying jobs found work in three cities: Beijing, Shanghai and Shenzhen, according to the report.

The group's average monthly income was 1,240 yuan.

MyCOS said its survey covered nearly 250,000 people.


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