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Employment situation grave for college graduates

MORE than a third of local university graduates haven't found a job by mid-May, an increase of 16.7 percentage points from last year, a survey released by the Shanghai Statistical Bureau showed.

The unemployment rate of graduates of the same period is the highest in the past three years, the bureau said. The survey polled 1,755 students from five local universities.

Slow economic recovery and rising labor cost are the main reasons for the bleak job market, said teachers at school employment guidance centers surveyed.

Besides, young graduates have a higher job and salary expectations so that they are unwilling to accept common jobs offered on the market.

Science and engineering majors showed the highest employment rate of nearly 70 percent. Of all the liberal art majors, this year's law graduates are least successful in landing a job with an employment rate of only 47 percent, compared with last year's 80 percent.

The survey showed the average starting salary of surveyed graduates who have landed a job is 4,244.7 yuan (US$692.7), almost 1,000 yuan below their expectations.

This year, non-local graduates are finding it easier to get a job with 65 percent already being employed, 7 percent more than local graduates. The survey said non-local students are less picky about jobs and are willing to seek jobs in their hometowns.

Male graduates proved to have an advantage in the job market this year as 66 percent of male graduates have been hired, 9 percent more than female graduates.

Graduates are increasingly more attracted to work at governmental units. The survey showed 36.5 percent of the respondents said they wanted to work in governmental organizations, the highest in three years.


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