Graduates face rapidly changing jobs sceneBloomberg News.
Some 77.4% of those who graduated from university last year found a full-time job, down from 79.2% in 2014 and 80.6% in 2013, according to MyCOS, a Beijing-based research firm focused on higher education. And here's an illustration of China's rapidly ageing population: the number of high-school graduates taking the national entrance examination is edging lower. Some 9.4 million people sat for the gaokao exams this year, a drop of 20,000 from 2015, according to a survey by education portal eol.cn.
That softer landscape is prompting students to either stay at university and pursue higher qualifications, or forge their own careers through start-ups – another sign of changing times. MyCOS estimates that 3% of 2015 graduates started their own companies and 10.1% pursued a higher degree, both up from previous years. That has helped the overall employment rate hold steady in the past three years, the firm said.
Full report on the Bloomberg site