Students graduating in 2009 will find it harder than usual to find work because of the global financial crisis.
For those not studying further, the job search has already begun, and career fairs will become regular fixtures in their lives, with dozens already staged by local universities and the city education department in the past week.
Huge crowds and long queues are seen at every career fair as students compete for comparatively few vacancies. The fairs at the Shanghai University of Finance and Economics with 60 foreign businesses participating and at Shanghai Jiao Tong University with 61 state-owned businesses each attracted more than 5,000 applicants.
As well as the global economic crisis, the increase in the number of students graduating has also contributed to employment difficulties.
Next year will see the number of students graduating in Shanghai hitting 158,000, an increase of 9,000 over last year. There is an 11% increase in the number of post graduate students from last year — 29,000.
Schools have strengthened career counseling to students.
Local graduates are advised to have full understanding of the current situation and broaden their scope by looking for jobs in other cities.
Source: Shanghai Daily.com