Graduate wages fall in some sectors

By Dong Hui | February 21, 2009, Saturday |

Print Edition

SALARIES for Shanghai's new graduates working in the automobile manufacturing and foreign trade industries fell last year, a report said yesterday.

But graduates working in construction enjoyed higher salaries, as the city government invested in infrastructure, the report released by the Shanghai Human Resources and Social Security Bureau claimed.

The median monthly salary of all post-graduate students, university students, college and technical-school students was 2,783 yuan (US$407) last year, an 11.7 percent rise on the previous year. But the growth rate was much slower than 2007's 18.3 percent.

The average monthly wage of a graduate student - 4,653 yuan - was 2.3 times of that of a technical-school graduation. The gap was 2.7 times in 2007, the report said.

In the automobile industry, the salary of a designer of a car's electrical appliances decreased by 19.7 percent. The salary of a spare-parts designer fell 4 percent.

Employees working in imports and exports saw their salaries fall 13.9 percent.

Figures show employees with strong technical skills are in short supply. Machine maintenance and welding jobs enjoyed salary hikes ranging from 9.5 to 17.1 percent on the previous year.

Education

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Graduate wages fall in some sectors

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