China pushes to ease graduate unemployment

China will push a rising tide of university graduates to find work in the countryside and small firms after Premier Wen Jiabao warned that they face a ‘grim’ job market as a global slowdown seizes the economy.

The Premier laid out broad policies to help higher education graduates who are struggling to find work because falling exports, factory closures and consumer gloom are deterring employers from taking them on.

The government’s official website (www.gov.cn) reported that he said, ‘Faced with the spreading international financial crisis, our country’s employment situation is extremely grim.

‘We must make the employment of higher education graduates a priority.’
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Source: Reuters