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City says over 80% of this year's college grads employed

MORE than 80 percent of this year's college graduates have found jobs with an average salary income of nearly 4,000 yuan (US$621.9) a year, the Shanghai Statistics Bureau said yesterday.

This is the first time for the bureau to release data about the employment of college graduates.

Most of the local graduates wanted to work in Shanghai despite the city's high cost of living and work pressure, according to a survey on 421 graduates across the city.

About 80 percent of them wanted to stay in Shanghai; about 4 percent planned to go to Beijing, Guangzhou or other coastal cities. Only 1.4 percent said they would go to the underdeveloped western region.

"Shanghai has more opportunities and I am accustomed to living here," said a graduate surnamed Liu, who came from other part of China.

Liu said he would leave Shanghai for a second-tier city if he felt it hard to continue to live in the city. But it would be impossible for him to return to Shanghai once he goes back to his hometown soon after graduation, he said.

The survey found more female than male graduates want to stay in Shanghai because male graduates feel more pressure in providing a home as a condition for wedding.

Foreign firms are the top choice for graduates. About 30 percent of respondents landed a job in multinational companies, followed by 29.3 percent in private firms and 27 percent in state-owned organizations.

Shanghai has about 175,000 college graduates this year.


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